The range is beginning to tighten for TSLA and there just seems to be no
catalysts for the stock to go higher right now, analysts have played all
their cards, delivery numbers have been released.
It may be a fear of shorting or selling is the only thing holding it up.
Currently the 20ma is support while the Fived range POC (redline) , downtrend and
the 7ma are resistance. A market rally should bring a move to the upside where
$456 remains as the major roadblock.
To the downside the 50ma is support in confluence with uptrend.
Comment:
Comment:
Longer term channel still favors the Bulls