1H chart Tesla is getting pressured by 200DMA, plus there’s a gap above us. To continue move forward we might need a new higher high to find a support and get confidence for uptrend.
Comment:
After getting pressured at 200DMA on the 1H chart, quickly went back down to the trendline and found support.
Close short and it is time to move up to fill the gap.
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Close short and it is time to move up to fill the gap.