christopherbrecher

Tough chart for daytraders..Bad looking , but oversold.

NASDAQ:TSLA   TESLA INC
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TSLA broke down on big volume . But now oversold, at support, and showing a little positive RSI divergence. In these cases, I look for stocks with similar charts, and hope they give a "tell" first. I'm watching NFLX , AMZN , BIDU , LNKD closely.
Maybe it is going to build another distribution phase ard zone between the lower high to the current support zone before another breakdown?
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