We look to be testing the (red) Support of a long time frame growth channel (on the Log scale).
If this fails to support, our next chance is the green line.
There is a pink gap that is begging to get filled below that, and the previous low of 308 (blue) could offer some support after that.
I’d want to see some strong signs of reversal before buying back in... the Tesla bubble was quite inflated it seems. Be patient for clear signs of direction.
Good luck 👍
If this fails to support, our next chance is the green line.
There is a pink gap that is begging to get filled below that, and the previous low of 308 (blue) could offer some support after that.
I’d want to see some strong signs of reversal before buying back in... the Tesla bubble was quite inflated it seems. Be patient for clear signs of direction.
Good luck 👍
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.