Perfect bounce off of the $24.24 support line, still maintaining its current uptrend. I’ll be looking for a push upward towards $26. So far it has failed to break over the $26 level 3 times in the last few months. If it can find a way over $26, the next resistance is $27.
If it were to break under $24.24, the next supportive areas would be $23.73, then around $22.65
Hello Fellow Traders,
The look of the current TSLA chart has me thinking more downside is likely. After the plunge through my $577 support line, it came back up to test that level and rejected it as resistance. Based on my S/R lines, there doesn’t look like there is much price support until the $557 level.
We saw a break of the $577 level in early March, and we...
