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Nathan_Black
Feb 1, 2023 1:50 PM

TSLA: Fantastic Reaction. 👍 

Tesla, Inc.NASDAQ

Description

• TSLA is doing an important reaction, as it is trying to reject the Dark Cloud Cover candlestick pattern, our top sign from Monday;
• This top sign wasn’t completely rejected yet, but even if TSLA resumes the drop, there are many support levels to hold the price;
• The first support is the $154, then the gap area around $146. What’s more, there is the 21 ema, which is ascending right now;
• A pullback to any of these support levels could be an opportunity to buy at a cheaper price;
• The key resistance is the $182.50. If TSLA breaks the $182.50, then our next resistance level is the $200;
• I’ll keep you updated on this, as usual.

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Comments
TammyA
Thanks so much for all your work
Nathan_Black
@TammyA your support is much appreciated, Tammy! 👍😎👍
neatfreak301
Nathan, you're the best!! Thank you for keeping us updated and explained price action. Please don't forget to followup on NVDA as well. :)))
Nathan_Black
@neatfreak301 thanks, Neatfreak! I won't 👍😎👍
Drstocks_happy_trading
Thank you for your great analysis! Question. You are referring to the candle in the daily for the break of 182.50? So close above that price?
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