Tesla on the rise...

8月12日

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

📉TSLA has been overall bearish trading within the falling channel marked in red.

Currently, TSLA is hovering around a massive round number $200.

🏹 For the momentum to be shifted from bearish to bullish, a break above the last major high marked in red is required.

📈 In such a scenario, a movement towards the previous major high at $270 is expected.

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

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich