Tesla formed a baby candle in the weekly. 252 is the previous resistance, but last 2 weeks had good lower wick and slightly bullish closing, indicating not much selling pressure. Price breaking 252 and sustaining shows a bullish reversal with short term target of 265.
The larger trend is still bearish, so I don’t expect another rally, but with Tesla, you never know
The larger trend is still bearish, so I don’t expect another rally, but with Tesla, you never know
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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.