Tesla

simple strategy with tsla for Wednesday 07/28/2021

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TSLA is bearish in its medium and short term time frames. the upward trend with the price 629.00 above, if it opens with a bullish gap, it will find a double top at the price 668.00 and our only entry will be when it reaches the price 669.00 not before.

the next bearish continuation price is 627.00 with a support zone at 622.00 and 621.00 if before ignoring the 50-period moving average that is located above the buy price of 629.00.

note: once it reaches 669.00 you should be careful with the price 693.00 this is a supply area

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