Looking at TSLA the last few days It seems to me that 837 is going to be some sort of a resistance. If it can hold out and regain some despite all of the tension with Russia, inflation ETC.. TSLA is one of the company's that has seemed resilient despite Different ups and downs the last few months. I think TSLA has infinite potential and despite the high price tag, has so much more room to grow.
The Down side is that If TSLA follows suit with the rest of the market. I believe that it has the potential to go back to PRE fall range.
The MACD also looks as if the MA is going to fall below the signal line. TSLA RSI is on the slightly over sold side which makes sense for how the market has looked the past couple of weeks.
I am a novice and would like any input if possible trying to learn and grow. Corrections to my statement are much appreciated!
The Down side is that If TSLA follows suit with the rest of the market. I believe that it has the potential to go back to PRE fall range.
The MACD also looks as if the MA is going to fall below the signal line. TSLA RSI is on the slightly over sold side which makes sense for how the market has looked the past couple of weeks.
I am a novice and would like any input if possible trying to learn and grow. Corrections to my statement are much appreciated!
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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.