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TESLA giving out Electric trades!!!

Hey everyone, hope you all are having a great week :)
Today's stock analysis has been requested by my followers a countless of times. So by high demand, here it is the long awaited analysis.

*PRO TRADER TIP*
Before entering a trade three types of analysis should be performed.

Fundamental Analysis = The study of financial statements and economic news. (Overall Trend)
Technical Analysis = The study of chart history. (Entry & Exit Strategies)
Sentimental Analysis = The study of the markets current psychology and traders psychology.(Instinct)

After performing the three analysis below are my results:

Fundamental Analysis = LONG Term (BUYING)
Technical Analysis = SHORT-TERM (SELLING) (USD Value increasing causing stocks to pullback)
Sentimental Analysis = (BUYING)

To better explain:

This means that right now momentum is headed downwards technically but the overall trend is still up fundamentally and technically.
So since we know the overall trend is upwards but we are currently headed downwards in the short term it creates yet another perfect timing to use our Fibonacci Retracement tool. A tool that is used to find important entry and exit levels in a trending market.For those of you who don't know. Which is traditionally applied to the low & high of a trend. Here were my results:

As you can see in the chart above we have already retraced with a spike that tapped our optimal 61.8% buying level at $547.20. Markets are still showing downwards momentum that can cause this to go down for a deeper pull back into the 78.6% fib level near $451.20 which would be an absolute bargain price.

*DISCLAIMER* Take the scalp short trades at your own risk these can be a bit more risky since we are still technically in an uptrend.

MY SUGGESTION:

Place LONG orders totaling anywhere from 1-5% of your total trading capital on each retracement level below:

LOWER RISK, HIGHER REWARD TRADE
LONG (SWING TRADE) 1:5+
23.6% = $765.40 (BUY)
38.2% = $682.00 (BUY)
50.0% = $614.60 (Great trade opportunity) (BUY)
61.8% = $547.20 (What i consider the PERFECT IDEAL TRADE) (BUY)
78.6% = $451.20 (ABSOLUTE BARGAIN!!) (BUY)

Stop Loss @ 350
Take profit 1: $900.40 at the previous ATH . (All Time High) Be patient and trust the process. When this level arrives close 50-80% of your trade and allow the rest to run for risk free trades.
Take profit 2: $1000 any where from 5-10% of your original position should be left running beyond this price. (New entries will be given if this target is reached)

HIGHER RISK 1:2 SHORT TRADE (SCALPING ONLY)
23.6% = $625.00 (SHORT)
38.2% = $677.25 (SHORT)
50.0% = $719.50 (Great trade opportunity) (SHORT)
61.8% = $761.70 (What i consider the PERFECT IDEAL TRADE) (SHORT)
78.6% = $821.81 (ABSOLUTE BARGAIN!!) (SHORT)

STOP LOSS @ 903.50 (SHORT TRADES)

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