TSLA with Ichimoku Cloud...

kemarin

TSLA with Ichimoku Cloud and projected target points drawn below the current price.

Let’s break it down:

Current price on chart: around $434

Yellow zone (resistance): roughly $445–$465

First target line drawn: around $405–$410

Second (lower) target line drawn: around $365–$370


📊 Interpretation (based on my chart):

Target Level Approx. Price Meaning

1st Target $405–$410 Short-term support / take-profit zone
2nd Target $365–$370 Deeper correction / extended short target


⚠ Note:
These targets are based on my chart’s visual annotations, likely assuming price breaks below the Ichimoku cloud and moves toward lower support levels. This aligns with a bearish setup.

👉 Risk Management Tip:

If entering short, a stop loss just above the resistance zone ($450–$455) may be considered.

If entering long, these same levels can act as profit-taking or add-on zones.

kemarin

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