Tesla Update
Today was another day of directionless chop. As I have said in the past, corrective patterns can chop until the cows come home. Also, as I have mentioned recently, I believe Tesla is awaiting something that will happen to trigger the move down. However small or big that may be, its waiting on SOMETHING.
There really isn't anything to add to the actual analysis at this point and time. You can see the fibs I have drawn. We're just waiting for price to start to move. By now you most likely know the normal points for price to go. MACD appears reset on every time frame and is pointing down on the daily chart. Hopefully within the next couple days we finally start to make some progress.
There really isn't anything to add to the actual analysis at this point and time. You can see the fibs I have drawn. We're just waiting for price to start to move. By now you most likely know the normal points for price to go. MACD appears reset on every time frame and is pointing down on the daily chart. Hopefully within the next couple days we finally start to make some progress.
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Bonam Fortunam,
--Tyler
Bonam Fortunam,
--Tyler
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.
Go to ewtdaily.com for DETAILED DAILY UPDATES on 27 unique tickers and a daily zoom call with members to discuss latest analysis and get a 7-day FREE trial
Bonam Fortunam,
--Tyler
Bonam Fortunam,
--Tyler
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.