timwest

Tesla Motors - TSLA - Daily - Time at a Price - Sell Signal Fail

Long
NASDAQ:TSLA   Tesla
3
Perhaps a blog of exact trade signals would be more helpful than the current system - but here is an update.

The last 7-day buy signal that set-up failed by a lower mode of 7-days getting created and then a full day under that mode triggered a new 7-day downtrend. The very next day, TSLA jumped (yesterday) and broke the 7-day mode and now the market will likely trade between these two 7-day modes for the next few months.

Lowest risk entry is against the 7-day mode and the best place to exit is up at the 7-day mode at 280.

Use your best judgment - Tesla plans to announce something on October 9th, creating a whirlwind of uncertainty in the shares of TSLA.

Tim

9:56AM EST 254.77 last +3.35 last

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