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Tesla Inc (NASDAQ) Analysis, Chart, and Trading Idea

06.04.2023

Market Review

 

#TSLA
 



The trend is ascending. The stock is trading in the range between 365 and 135 EMA. The support level of 83.70 curbs the buyers. The sloping channel of the dscending structure is truncated. The Stochastic Oscillator signals the overbought state.
 



Trading idea:

Buy at the breach of 187.00

Stop-loss: 183.70.

Target price levels: 192.50, 200.00.

Author: GC
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