Hi Traders,
This is one of our latest ideas on Tesla.
After seeing an extension from the 10/20 EMA as well as a spike in volume with divergence on 4H RSI taking into consideration "cause and effect", we should see a solid movement here and a retrace to the 50/618FIB and back to trendline - testing the 200MA and daily 200MA.
This is a 1:14 risk to reward.
Please see below for further details on us.
TH from RT_Trading
This is one of our latest ideas on Tesla.
After seeing an extension from the 10/20 EMA as well as a spike in volume with divergence on 4H RSI taking into consideration "cause and effect", we should see a solid movement here and a retrace to the 50/618FIB and back to trendline - testing the 200MA and daily 200MA.
This is a 1:14 risk to reward.
Please see below for further details on us.
TH from RT_Trading