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Tesla, Inc.Tesla, Inc.Tesla, Inc.

Tesla, Inc.

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TSLA falls steadily.As we can see on the daily timeframe, starting from April 14, the price has been moving in a downward channel and Tesla has dropped by 30% from its highs that were in January of this year. Now the price has bounced off the support level and growth is possible, but most likely the price will continue to fall and may drop to $ 500 or $ 450, which will already be 50% of the January maximum. If the price drops to $ 450 or even lower, you can take it. If you like the idea, subscribe and like it. Good luck and big profits.
NASDAQ:TSLA
by NaikoN81
TESLATESLA HIT 38.2% retracement Make A swing Bottom Form a Morning Star candlestick Pattern Can create near term bullish outlook as long as hold Swing Bottom low RSI exit the oversold Swing Bottom Gets Created Based on Higher low and Higher High L > L1- L1-< L-2 H > H-1 H-1 < H-2 Today body gap up yesterday body gap down If moving average is crossed then trend can get confirmed. Price above average is up trend and Price below down trend is down trend. As a result of swing bottom based on above logic. low of swing bottom critical formed in 2 day for any reversal process to resume and further to get confirmed. This is strategy. How one can look at in combination of retracement, candlestick and RSI This is for educational purpose and not a buy or sell. The above comments are based on chart observation of indication and candle patterns.
NASDAQ:TSLA
by hitendravasudeo