Beware of the rejection
TSLA is currently engage is this thin seemingly downtrend channel
Price attempted a break up but was rejected all the way down until 8ema.
there might be a struggle of price in the blue region, but if the next bar drop and engulfed the 3 MAs together, price will definitely plunge.
Price attempted a break up but was rejected all the way down until 8ema.
there might be a struggle of price in the blue region, but if the next bar drop and engulfed the 3 MAs together, price will definitely plunge.
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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.