I am looking at a short opportunity on TESLA. 😃
WEEKLY; price has been plummeting to the downside since September. Price is beneath all EMA, which signals a solid impending bearish trend. Price recently crossed beneath the 200 EMA, which signals the end of the bull trend! For the past two weeks, TESLA’s price has been dropping. WK candle closed -at 16.10%- the highest WK selloff since this year. Investors must be worried.
DAILY; price is beneath all EMA; strong bear trend. Friday daily closed at -4.72%. The daily market price action signals more selloffs in the TESLA price
WEEKLY; price has been plummeting to the downside since September. Price is beneath all EMA, which signals a solid impending bearish trend. Price recently crossed beneath the 200 EMA, which signals the end of the bull trend! For the past two weeks, TESLA’s price has been dropping. WK candle closed -at 16.10%- the highest WK selloff since this year. Investors must be worried.
DAILY; price is beneath all EMA; strong bear trend. Friday daily closed at -4.72%. The daily market price action signals more selloffs in the TESLA price