Possible retracement to the averages
Updated
After reaching all time highs, TSLA may be testing the 40 EMA as it has successfully BOUNCED off in the recent run up.
If the Q2 environment continues, the 40EMA will provide a bounce.
If the overall market has shifted, there's a fair chance it will fall through the 40 EMA and it may test the 100EMA.
Overall: Watch the 40 EMA
If the Q2 environment continues, the 40EMA will provide a bounce.
If the overall market has shifted, there's a fair chance it will fall through the 40 EMA and it may test the 100EMA.
Overall: Watch the 40 EMA
Comment
TSLA continues trending down as expected today. we will see on monday whether it will bounce of the 40 EMA or not.Comment
Will be discussing more at tonight's free Zoom hangout:onehourinvesting.com/pages/zoom
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