TESLA path and direction for NASDAQ:TSLA by Abu-Sushi — TradingView


Hello everyone this is my Tesla idea on daily time frame ..
I would like to point out on bearish ( thesis side ) and bullish ( thesis side ) and how to execute a plan with best entry and exist ..

Few things to keep in mind We have to be very careful with Tesla and stick to the plan ..

because price can move in a violent way any direction .. this stock is very volatile

For bullish thesis

You wanna be a buyer from black line to target red line as long as ( black line hold no daily close below )

You wanna be a buyer from green line to target black line and above as long as ( black line hold no daily close below )

You wanna be a buyer from orange line to target green line and above as long as ( black line hold no daily close below )

For bulls you wanna watch green line and orange line in the RSI indicator it is important

For Bearish thesis

You wanna sell if the support lines break ( daily close below to target next support zone )

Our support lines are black , Green , Orange line

For bears watch Red line in the RSI indicator it is important

Just a thought .. History could repeat ..

After price getting rejected price could go to the circle Area same time it will be orange support in main chart



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