InvestingScope

TESLA: Trading plan.

BATS:TSLA   Tesla
TSLA has turned neutral on the 1D technical outlook (RSI = 46.287, MACD = 3.350, ADX = 20.984) as it dropped to its 1D MA50. On the short term the most optimal buy entry is at the bottom of the Channel Up (TP = 279.00). If it breaks, we will sell towards the S1 level (TP = 206.15). The next long term buy (again to target 279.00), will be when the 1D RSI forms HL (as in the last two bottoms).

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