24 October, 2019
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TSLA Tesla Inc Stock Charting
Study Tesla Inc stock chart and Fibonacci.
Look left and think right. It’s depending your expectation.
See chart, picture worth a thousand words.
Price Action drop from the high from 380 dollars to the low at 180 dollars. Price Action returns to the high near 270 dollars.
To measure the possible support or resistance. You can swing high to low to find the resistance. And swing low to high to find the support.
Price Action was resisted 38%, and prince action retrace and test the 61%, see chart.
Trade with eyes open.
Moses Stock Observation
AmiBrokerAcademy.com
Disclaimer
The above result is for illustration purpose. It is not meant to be used for buy or sell decision. We do not recommend any particular stocks. If particular stocks of such are mentioned, they are meant as demonstration of Amibroker as a powerful charting software and MACD. Amibroker can program to scan the stocks for buy and sell signals.
These are script generated signals. Not all scan results are shown here. The MACD signal should use with price action. Users must understand what MACD and price action are all about before using them. If necessary you should attend a course to learn more on Technical Analysis (TA) and Moving Average Convergence Divergence, MACD.
Once again, the website does not guarantee any results or investment return based on the information and instruction you have read here. It should be used as learning aids only and if you decide to trade real money, all trading decision should be your own.