Excellent article with great ideas about stock market.
Company Tesla ambitions has no limit - its creator believes that it can take the market share of BMW and Mercedes. Well, how to know, maybe it's up to him - the company's news is always devoted to innovation and humanity. The new Tesla 3 should be the most reliable car on the roads, and the new roadster promises to be the fastest car. The company is actively increasing its investments, which is a sign of activity for the Forex market. The company's shares have always been quoted well and have been rising in price since the beginning of the year. Before the start of trading, the market expects another increase in prices, and going against the market is not in our interests. It is expected that at the opening of the stock exchange they immediately add 3% in price. This is an additional opportunity to increase profits at your Forex broker. This is confirmed by the shares charts, which again marks the new heights of the stock market. The price moves to the resistance level of 265.50, after a breakthrough, it will not stop the next 500 points until the next obstacle. Such a large potential profit is inherent in this stock, given its volatility. We have repeatedly recommended investing funds in the shares of this company, and every time we stayed with good profit. This is a good trading tool for medium-term trading, as we have repeatedly seen before.
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: H4
• The trade recommendation: Buy
• The level of entry into long position: 265.60
• The level of profit and close the position: 270.50 (500 pips)
Possible bullish movement in the breakout of the resistance level 1259
Forex currency pair EURUSD
Possible bullish movement in the breakout of the resistance level 1.0875
Forex currency pair USDCHF
Possible bearish movement in the breakdown of the support level 0.9830
Forex currency pair USDJPY
Possible bearish movement in the breakdown of the support level 110.10
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