Besides aapl Tsla had the worst quarter among big tech. Price is in A downtrend but a bullish wedge is forming here. Also bullish divergence on the 1hour RSI and symmetrical triangle
The target move would be top of channe1 or 200EMA.
Best entry is a close above 183.. or a retest of Strong support at 172 Cut losses below 165
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If Tsla car sale beat we Invert H&S to 202 gap close.. if the sales stink we head straight to 164 gap close ..
There are 2 ways to trade, Chart of fundamentals . I still support these analysis The chart is still in LONG. Tesla soon back to 200 and then 250. Trillions dollar business just wounded by the Biden Govt.
jasonrappa
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Thank god this is not financial advice. Farther down for TSLA
Blue3210
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Tesla dropped like a rock after their horrible delivery numbers! Gap closed. Now we see if it drops more.
ContraryTrader
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@Blue3210 i had calls... if 160 support is lost then there is jo recovery
Blue3210
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I think it can bounce back around 155
Da-Boss
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Great analysis. Thanks for sharing. Been noticing a massive divergence happening on the daily as well. You're analysis confirms that. With crude climbing up and the effects being noticed at the pump I think will drive newer consumers into EV markets specially if prices stay higher for longer.