Short-term analysis of Tesla shares on a four-hour chart.
Formed window before the price falls will serve as a strong resistance level for the price.
Previously, a similar situation was already observed, after the window was formed, the price twice during 3 months tried to break through the window minimum level, but without success.
It is logical to assume that now the price will behave in a similar way.
Now I expect the price to rise from $ 290 to $ 320. And from there to them again. Two additional indicators also indicate short-term growth.
RSi shows oversold and Bill Williams indicator also shows
that a short-term reversal is possible.