Tesla (
TSLA) is perfectly respecting structure:
Click chart above to see the detailed analysis👆🏻
Two months ago Tesla perfectly retested the previous all time high resistance and closed with a massive rejection wick. This means that a correction - which is currently happening - is expected and after the bullish break and retest, we will then finally see new all time highs.
Levels to watch: $280, $400
Keep your long term vision,
Philip (BasicTrading)
TSLA) is perfectly respecting structure:Click chart above to see the detailed analysis👆🏻
Two months ago Tesla perfectly retested the previous all time high resistance and closed with a massive rejection wick. This means that a correction - which is currently happening - is expected and after the bullish break and retest, we will then finally see new all time highs.
Levels to watch: $280, $400
Keep your long term vision,
Philip (BasicTrading)
Trade active
Trading update on Tesla (TSLA):Click chart above to see the detailed analysis👆🏻
From the previous all time high, Tesla already corrected about -30% and meanwhile big players have also been taking partial profits. Following this behaviour, a drop back to the next major horizontal support area is totally expected before we see another push higher.
Levels to watch: $280, $400
Keep your long term vision,
Philip (BasicTrading)
Trade closed: target reached
Trading update on Tesla (TSLA):Click chart above to see the detailed analysis👆🏻
Just some simple technical analysis and a little bit of patience and Tesla dropped an expected -30% in February of 2025. However looking at the higher timeframes, the overall bullish trend remains intact and after we see bullish confirmation, this is a textbook break and retest.
Levels to watch: $280, $400
Keep your long term vision,
Philip (BasicTrading)
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Free: SwingTrading-Academy👇
discord.gg/jgdrYXwqyD
SwingTrading.Simplified.
Investing.Simplified.
#LONGTERMVISION
discord.gg/jgdrYXwqyD
SwingTrading.Simplified.
Investing.Simplified.
#LONGTERMVISION
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.