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PianoSmash
May 31, 2021 4:47 AM

Tesla may become a sleeping doge. 

Tesla, Inc.NASDAQ

Description

Tesla is approaching the first bearish cross of 50/200 daily MA's since Feb 2019, and the first cross out of a bullish overextension since December 2017. This is also the first time it's wrestled with its 200 daily MA since the pandemic crash in March 2020.

Out of 2017, it traded sideways for roughly 1.5 years, with a swing range of around 30%, before capitulating in a 42% dump over a final 3 months.
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