TSLA Short Term Trade

in #trading7 years ago

TSLA bounces from the previous support at $331.07, RSI shows a trend reversal, and MACD is primed for upward movement. DMI can confirm an extended upward trend as price develops tomorrow. Expect upward movement past resistances at the 61.8% and 78.6% Fibonacci. I will close my trade at $367.97. If DMI -0.47% confirms a long-term bull trend toward the 100% retracement, trades should tighten up the stop loss and increase the upper closing trade price.

Check out my trade idea below

https://www.tradingview.com/chart/TSLA/UKekRP2j-TSLA-Short-Term-Trade/