Tesla
Long

Tesla (updated): accumulation level waiting for results news

210
Hourly chart:
$https://www.tradingview.com/x/mbksigjT/

Daily chart:
$https://www.tradingview.com/x/cxIksK8A/

After invalidating a triangle figure in the short term, right now it seems like the stock is in a accumulating phase. The price achieved last session (Jan 15) has filled the gap from 2 weeks ago. It still has activated the 944$ goal by another triangle. Many investor are waiting for quarter results (Jan 27) and this makes the stock is made to beg. But after all, this stock is bullish; its bearish level is far from current price. Stay alert with 698$ level (important support). If the stock lose it we can think that the stock will start a serious correction looking for more deep prices. We will see next week.

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