Short Term - Tesla Could continue a small rebound to the $146.65 range
Midterm - Tesla looks Terrible, We are currently trying to break resistance at $127.17, if broken look for $147 as your next target. We found support at the $100 range, If this level is broken with follow through... Watch out below... We will split the market, free fall down to the $65 dollar range.
At the momment divergences are starting to appear on the 4 hr time frame.
We are currently overbought and our trend is hitting key levels on our fib channel.
TSV showing weak buy volume
ADX is indicating a weak trend at the momment
Pattern: Bear flag
MFI indicating overbought signal with divergence
Thanks
God bless
Midterm - Tesla looks Terrible, We are currently trying to break resistance at $127.17, if broken look for $147 as your next target. We found support at the $100 range, If this level is broken with follow through... Watch out below... We will split the market, free fall down to the $65 dollar range.
At the momment divergences are starting to appear on the 4 hr time frame.
We are currently overbought and our trend is hitting key levels on our fib channel.
TSV showing weak buy volume
ADX is indicating a weak trend at the momment
Pattern: Bear flag
MFI indicating overbought signal with divergence
Thanks
God bless
Note
again we talked about this possible reboun
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.