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HomeSwing TradingShould you buy or sell Tesla stock at these levels?

Should you buy or sell Tesla stock at these levels?

TESLA Stock Thursday closed price at 241.

We shared the Tsla stock previous analysis in our Discord desieconomist channel. You can see that the market respects our analysis.

tsla stock analysis

The Tesla stock price continues to rise, reaching our weekly supply zone.

tsla stock analysis


Now according to the weekly time frame, the price is moving between a falling wedge .The weekly time frame, according market trend going to sell . 
Weekly, time frame according to our supply level, is between 265 and 317. The weekly time frame, according to our demand zone level, is between 90 and 119.

tsla stock analysis


Daily time frame according to price manupulation at the supply zone and collecting internal stop loss. According to the daily time frame of Thursday, create an evening star candlestick pattern as well. Charts show prices will drop from supply zone.
 
NOTE: If prices break above and close at price level 318, the trend will change from sell to buy.

Swing Trade Idea’s: 1 

Entry price: 241-255
SL Price = 317
Target 1: @ = 170.81 
Target 2: @ = 139
Target 3: @ = 129 

Note: Keep trailing your stop loss to secure bigger profits.

Please note this is only an opinion and not financial advice.

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