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Tesla is closing to resistance level, More Correction?
Tesla
Long
Tesla is closing to resistance level, More Correction?
By xugina78
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Aug 21, 2024
2
Aug 21, 2024
Firstly, Tesla is closing to the downtrend line, which might be rejected to drop.
Secondly, the high volume candle shares the same level with this resistance area, double confirmed the importance of this resistance level.
So, in my opinion, it may go bullish after break above the resistance level.
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