TESLA PREDICTION UNTIL NEXT QUARTER

Hello guys here i am taking a weekly chart of Tesla as for taking an idea that what are the levels we can see until next quarterly results, as we can see on this weekly chart it is looking well placed on support levels so if it can break mentioned support we can see 129 levels and it will give a bounce from support we can see 199 levels in coming months.


-: RSI gaining Bearish divergence with making Lower lows.



-: Company posted a total revenue of $23.3 billion in revenue in Q1 2023, down ~$300 million from Wall Street's expectations, but it did meet earnings expectations but impressed by gross margins.



Commentary by the company-
-: Tesla gives Cybertruck update, shares new pictures of production, and more.
-: Elon Musk announces timing for Tesla Cybertruck delivery event.
-: Tesla reports massive increase in energy storage deployment thanks to Megafactory.
-: Tesla says price drops are long-term thinking, but it’s really about demand.





KINDLY NOTE-: This is not and trade or investment advice. This idea is meant for learning only. Invest your capital at your own risk



𝐑𝐞𝐠𝐚𝐫𝐝𝐬-: 𝐀𝐦𝐢𝐭 𝐑𝐚𝐣𝐚𝐧

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KEEP AN EYE

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TRADING BELOW SUPPORT

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SECOND DAY TRADING BELOW SUPPORT ZONES OF 165

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SLOW BRUTALITY

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WAITING

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GOOD RALLY

Trade closed: target reached