TRADING TIPS

TSLA Needs to Hold This Level

Hubert Senters here. Let’s take a look at Tesla. I had a question from a viewer what I think about Tesla? Well neat little cars definitely interesting favor in any cars but technically speaking it’s still a sell. It is below the cloud here and cruising below both the turning and the standard line. You do have some. As you can see these big blue I guess you call them rectangles that I have for some resistance and support. It’s probably going to drop down to $260. If $260 can’t control it and hold it then it’ll drop slightly lower than that. Not where it goes from there and we’ll have to dig back in time a little bit here a little back to the future. You better hope $262. $262.50 holds it if it doesn’t it could drop all the way to $206 so if you’re long make sure you’re going to stop-loss. Live webinar this week on how to use risk reward ratios where you can be wrong. That’s right. You can be wrong more than you’re right and still make money if you have good risk reward ratios. Click this big yellow button that says CLAIM MY SPOT NOW and show up for the webinar Wednesday, March 20th at 8PM EST. Good luck. Hope it helps. And I’ll see you on the next video. Hubert.

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