Tesla
Updated

Descending Wedge Possible Rebound

156
Due to the strength of support formed in 1022. IF we are able to maintain above 1022 There is a possible upside move coming up
TSLA is creating a descending wedge. If this is validated, then.
Expect a gap fill @1049-1056. this move could break downtrend resistance and attempt second gapfill @1080-1088 with a posible target XYZh111557246151
If Support @1022 is broken, then
Target to the downside will be 1009
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I will like to add that if 1022 does not hold you can expect a retest of 980
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TSLA doing a great job staying above 978
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980 Breached
Next point of support 953
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We are seeing our push up.
Be carefull since there is a lot of resistance to the upside and could reject at anytime since the overall sentiment is still Bearish
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TSLA to retest support @976
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Trade active
The moment we have been waiting for...
TSLA has rejected 976 twice lets see if this encourages price to test 1012-1015 once more
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Trade active
Finding resistance @112.78
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