peterbokma

TSLA-BUY strategy

Long
NASDAQ:TSLA   Tesla
No change in view.

We are below a major trend line which has resistance now $ 868. However, I feel that we are bottoming (small inverted hammer) and also DC support gives a reasonable chance for recovery $ 985.

Buying into $ 840-860 with stop-loss $ 750 below for now. If we do get stopped out, it may mean we are seeing likely much lower levels. Let's see by the time it gets there, if we will.

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