chrisatom

TSLA Value buy at $300

Long
NASDAQ:TSLA   Tesla
Following on from last Junes call to get long at $200 pre-split, the next value entry point i'm looking at is $300.

Big volume node at 300 lines up with lower bands on the daily (nearly 3 SD from daily 20 VWMA). Trending up on weekly, 300 is centre of the channel and the 20 VWMA which is a good pull back for a strong uptrend.

Not much else to say apart from with Tesla's cult following I expect every dip to be bought up so I hope it gets down to 300. Volume profile showing its a lot thinner below 390 so if it loses that chances are good.

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.