TSLA

Potential Bottom Sequence and How I'll Trade it.

Everyone has been trying to buy the dip on TSLA and find the bottom. Instead of trying to catch the exact bottom, I like to wait for a potential bottoming sequence to form. It still has a lot of work to do, but a sequence with potential showed up today. Here are some levels worth watching, and in the post I’ll discuss how I would trade it and what needs to happen to potentially confirm a bottom.