Tesla
TSLA Correction PossibleTSLA support is seen around 687 and may consolidate if support is strong at that level. If it breaks support it will correct sharply.
TESLA WeeklyThis stock has been showing so much promise but there seems to be no impact on its ability to head higher . The last few weeks it has been attempting to tread to a new high only to meet with supplies. AFter forming a Type 2 negative divergence the prices are swiftly heading lower. Now with the breach of the support trendline we could be looking at some selling interest stepping into the counter. One should look to sell this counter in the coming days.
Long once price enters the zone marked in Pink, Institutional Demand as the prices gapped from the zone , indicating huge unfulfilled buy orders
stop loss once it pierces pink
target 1 : 3
