ivanistrading

$TSLA update (after Earnings report)

Long
NASDAQ:TSLA   Tesla
Yesterday we saw a gap down on report, so I'd like to update TSLA idea.

The stock was pretty weak yesterday and as a result the price didn't hold the 200 zone as I mentioned here: .

But overall, we still have the Weekly Inv. H&S. The left shoulder level is 180. Another support level here is the lower boundary of the descending channel. Yesterday, stock touched exactly this level.

I believe the stock is in a very good place to buy. Through which trigger do it - it's a personal choice.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.