Traders,
Here's a breakdown of the current TSLA scenario:
Potential Support Weakness: While we're approaching a potential support level, it's crucial to note that this support may not be robust enough. Additionally, we're edging closer to a more formidable and authentic resistance level.
Break of Monthly S1: The breach of Monthly S1 was notable, and we witnessed a significant reaction to this breach.
Presence of Sellers: The last daily candle strongly signaled the presence of sellers in the market.
With these factors in mind, we're gearing up for what appears to be a bearish week ahead for TSLA.
Stay informed and prepared for potential market movements.
Best regards,
Here's a breakdown of the current TSLA scenario:
Potential Support Weakness: While we're approaching a potential support level, it's crucial to note that this support may not be robust enough. Additionally, we're edging closer to a more formidable and authentic resistance level.
Break of Monthly S1: The breach of Monthly S1 was notable, and we witnessed a significant reaction to this breach.
Presence of Sellers: The last daily candle strongly signaled the presence of sellers in the market.
With these factors in mind, we're gearing up for what appears to be a bearish week ahead for TSLA.
Stay informed and prepared for potential market movements.
Best regards,
Note
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.