TSLA Trading Strategies: Scalping & Swing Dec. 3, 2024

03/12/2024 15 min
TSLA Trading Strategies: Scalping & Swing Dec. 3, 2024

Listen "TSLA Trading Strategies: Scalping & Swing Dec. 3, 2024"

Episode Synopsis

This financial analysis assesses Tesla's (TSLA) stock price, identifying key support and resistance levels around $342.56 and $362.79 respectively. It proposes trading strategies for both short-term (scalping) and long-term (swing) traders, emphasizing the importance of volume confirmation and managing risk through stop-loss orders. The analysis highlights potential price targets based on whether TSLA breaks through resistance or experiences a pullback. Technical indicators like the MACD and RSI are considered to gauge momentum and potential reversals. Crucially, a disclaimer emphasizes that this is not financial advice.📊 For detailed charts and full technical analysis, visit:👉 TradingView Profile - BullBearInsightsStay ahead of the market and access expert insights to guide your trading decisions! Hosted on Acast. See acast.com/privacy for more information.