Tesla Trading Analysis (10/02/2025)
The trend is ascending. The downward inner wave structure is truncated. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals an oversold condition.
Trade idea:
- Buy at the beginning of the formation of the ascending wave structure, when wave A breaks the sloping channel of the descending truncated structure.
- Stop-loss below the local minimum of the descending truncated structure.
- Price targets at 394.00 and 420.00.
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