TSLA
TSLA is always a wild card. I've been pretty bearish on it since $770 and have caught most of the move down. While it continues to have a bearish structure, and is right at resistance I want to believe there has to be a short term relief bounce coming, as there have been 4 straight weeks of selling.
If no relief comes I would look for a move down into the 400s where it should find a ton of support. Pretty much a make or break week; break through resistance with volume or not and find another massive leg down.
If no relief comes I would look for a move down into the 400s where it should find a ton of support. Pretty much a make or break week; break through resistance with volume or not and find another massive leg down.
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.