Current Price: $417.00 (at the time of this analysis)Bearish Threshold: $415.28Bullish Threshold: $421.75
Bearish Outlook:
$413.15 – Just above the Value Area High (VAH) of yesterday.$410.19 – Above the Value Area Low (VAL) of yesterday.$406.46 – Ideal for a swing trade setup.$400.55 – A deeper bearish extension.
Bullish Outlook:
$423.69 – Close to the Point of Control (POC) from three days ago; a quick initial target.$428.02 – Reflecting further bullish momentum.$433.82 – Third Upper Standard Deviation of VWAP from three days ago; a strong stretch target.
Trade Notes:
Tesla’s setup suggests a high likelihood of directionality near the key levels of $415.28 and $421.75.Use these levels as your “compass” for identifying shifts in sentiment and potential entries.Employ partial profit-taking and manage risk responsibly, especially near round numbers like $420.Trade Tesla at your own risk. Thank you.
This article was written by Itai Levitan at www.forexlive.com. Read More Details
Finally We wish PressBee provided you with enough information of ( TradeCompass for Tesla Stock )
Also on site :