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medcore

Possible retracement to the averages

Short
Tesla (NASDAQ:TSLA)  
medcore Updated   
NASDAQ:TSLA   Tesla
Trend Analysis Tesla Motors (TSLA)
4
0
trendanalysis tsla
After reaching all time highs, TSLA may be testing the 40 EMA as it has successfully BOUNCED off in the recent run up.
If the Q2 environment continues, the 40EMA will provide a bounce.
If the overall market has shifted, there's a fair chance it will fall through the 40 EMA and it may test the 100EMA.

Overall: Watch the 40 EMA


Comment:
TSLA continues trending down as expected today. we will see on monday whether it will bounce of the 40 EMA or not.
Comment:
Will be discussing more at tonight's free Zoom hangout:
onehourinvesting.com/pages/zoom
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