LONGING $TSLA

I am opening up a long position on TSLA for the following reasons.

We are in a huge bounce area. On the 4 hour timeframe:

• There's a clear trendline forming which we are retesting
  
• Retesting a 4 hour order block
  
• Retesting lower band of Bollinger Bands (Nadaraya smoothed)
  

Aside from technicals, we have earnings coming up which is our catalyst. This is a very risky trade and I'm only risking 0.25%.

Take Profit 1: 225.81
Take Profit 2: 243.67
Take Profit 3: 256.65

Stop Loss: 202.07

Comment:

SL hit