Tesla's short term uptrend has been broken and offers the opportunity for a short term short.
Might find supports at the following levels 940$ 20MA - Weak
915 Midterm trend upper limit - Strong
840$ 50MA - Weak
740$ 100MA - Strong
720$ bottom of logner term channel - Strong
If the global market detoriates further, it might go as low as 720$ at the bottom of the longer term channel.
Might find supports at the following levels 940$ 20MA - Weak
915 Midterm trend upper limit - Strong
840$ 50MA - Weak
740$ 100MA - Strong
720$ bottom of logner term channel - Strong
If the global market detoriates further, it might go as low as 720$ at the bottom of the longer term channel.
Trade closed: target reached
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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.
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.