TSLA Mechanical Rally Failed To Hold Momentum
TSLA has been lackluster while the broader market is finally catching a bid. The momentum behind TSLA is gone. Volume is drying up. The Market maker has already bought an un-holy amount of shares in the previous gamma squeezes. TSLA will only see a bounce if there is a huge resurgence of volume and with the uncertainty of the FOMC meeting coming, I do not see that volume entering into TSLA.
I will say there is a bull flag consolidation that is very apparent on the 1 hour time frame that may cause a bounce in TSLA, however, I believe that would be short-lived.
Not financial advice just my opinion.
I will say there is a bull flag consolidation that is very apparent on the 1 hour time frame that may cause a bounce in TSLA, however, I believe that would be short-lived.
Not financial advice just my opinion.
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