-
TSLA
has a gap from $210 that needs to be closed.
-
- This is a speculative trade as $180 has acted as a historic support as well as resistance. Also, stochastics say it's oversold although I think it's got more room to fall in the coming year.
-
- There are many innovative companies taking the spotlight and
TSLA
seems to have suffered by falling out of favor with some traders as they may prefer
NVDA
or
AMD
or
AVGO
. All three are rapidly increasing their market caps.
-
- I suspect a gap close before heading lower. There is a gap on the daily time frame but it's not shown here.
- If for some reason it holds this channel then maybe we even test $240 again.