Hello Traders! I hope you are doing well and on the profitable side of the markets! Here's a look at the TSLA
chart today. I bring it up because even though it has been decidedly bearish
, there may be a rising coming soon. How much, I don't know. The reason I say this is because it is approaching the Overextended line to the downside. This situation could lead to a bounce coming soon. Last time we were this overextended down on 27th of March '18 a good bounce followed.
Please give "thumbs up" if you appreciate. Thanks!
I'm not a financial advisor and I don't recommend trades. These are just my opinions and analysis!