TRADOMICS_

TESLA: Last analysis correct, time is getting stretched

BATS:TSLA   Tesla
Last analysis was correct: we have had a top and after 40 out of 44 days a considerable retracement to begin a T+2i.

We expect more downtrend for next week, at least we should go lower than 173.70. The t+3 has still another day but eventually we can extend time through an Hybrid cycle.

This mean that time is stretched to proceed with a downtrend.

Disclaimer

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.