Tesla

TSLA - Did it again...

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Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.

📈 TSLA has been trading within a large symmetrical triangle marked in blue.

In our last two analyses, TESLA rejected the lower bound of the range and the $200 support zone.

Currently, TSLA is hovering near the upper bound of its range. We’ll be looking for new long positions as it approaches the lower blue trendline.

📚 The blue trendline also intersects with the orange demand zone, further strengthening this area.

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich

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