Tips for successful trading on the stock market.
Favorable news hovering over the company Tesla. This is immediately reflected in the graph shares of this company on the stock market. Quotes of the company grow in value for several weeks in a row and now stalled near the strong resistance level of 271.35. At this level, even in 2015, the share price has met serious resistance of traders and rolled back. Now, even on the news of the company's employees wish to set up their own trade union, the price is still stubbornly goes up. It says that the company has a large buyer, who will stop at no small obstacle. If the stock price will take place a barrier, then capitalize on further movement can be phenomenal! Minimum our goal of more than 1000 items! It is achievable, because, as shown before, the price change of the exchange of an asset super volatile. The nearest obstruction of growth is very far away, so to all interested investors and traders, we recommend to buy the stock, and to sit in the position, strapped with seat belts that would not get off the train early.
The price is above a simple moving average 200 MA and 20 MA indicating bullish trend.
The MACD trend indicator is above zero level now, indicating bullish movement.
If the resistance level is broken you can use the following recommendation:
• Chart timeframe: D
• The trade recommendation: Buy
• The level of entry into long position: 271.35
• The level of profit and close the position: 282.00 (1065 pips)
Possible bearish movement in the breakdown of the support level 1221.30
Forex currency pair EURUSD
Possible bearish movement in the breakdown of the support level 1.0620
Forex currency pair USDCHF
Possible bullish movement in the breakout of the resistance level 1.0050
Forex currency pair USDJPY
Possible bullish movement in the breakout of the resistance level 113.90
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