Hi friends!
I decided to share with you my forecast of the Tesla price movement in the near future.
As we know, the value of this security has grown significantly in 2020.
After the split, the share price went up again.
And today the stock has met resistance at the $ 900 level.
For five weeks now, the price has been trading in a channel between two strong levels (800-900) $
At the moment, the price is pressing towards the support level of $ 800, technically we have everything
preconditions for forecasting a further fall in prices below the support level of $ 800.
On the breakout of this level, I plan to sell this share. To technical analysis,
we can attach the fundamental one. Since the New Year, a large number of leading
automotive companies have announced the development and production of their electric cars.
Which in any case will take part of the market from Tesla.
Based on the above, we can get a short-term price drop!
✔ Do not forget to trade using your own trading system and with stops!
✔ If you like what I do, put 👍 and subscribe! 🙌👀
✔ This is the best gratitude for my work! 💕
I decided to share with you my forecast of the Tesla price movement in the near future.
As we know, the value of this security has grown significantly in 2020.
After the split, the share price went up again.
And today the stock has met resistance at the $ 900 level.
For five weeks now, the price has been trading in a channel between two strong levels (800-900) $
At the moment, the price is pressing towards the support level of $ 800, technically we have everything
preconditions for forecasting a further fall in prices below the support level of $ 800.
On the breakout of this level, I plan to sell this share. To technical analysis,
we can attach the fundamental one. Since the New Year, a large number of leading
automotive companies have announced the development and production of their electric cars.
Which in any case will take part of the market from Tesla.
Based on the above, we can get a short-term price drop!
✔ Do not forget to trade using your own trading system and with stops!
✔ If you like what I do, put 👍 and subscribe! 🙌👀
✔ This is the best gratitude for my work! 💕
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