Tesla is at a nice support area right now, and the risk-reward ratio is pretty good at this level.
We see a double-bottom pattern in the 30 min, and a very strong RSI divergence. The 592 is the trigger for a good reversal ahead.
In the 4h chart Tesla is very oversold, and if the 30 min triggers the reversal, Tesla has the 626 as its first target.Let's remember that it has an open gap at 733. All these signs make a good trade thesis for Tesla, let's watch these points closely!
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See you soon,
Melissa.
We see a double-bottom pattern in the 30 min, and a very strong RSI divergence. The 592 is the trigger for a good reversal ahead.
In the 4h chart Tesla is very oversold, and if the 30 min triggers the reversal, Tesla has the 626 as its first target.Let's remember that it has an open gap at 733. All these signs make a good trade thesis for Tesla, let's watch these points closely!
If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉.
See you soon,
Melissa.
