Solidified

$TSLA Rejection at 50-day EMA: Inverse Hammer Signals Bearish

Short
BATS:TSLA   Tesla
TSLA 's recent price action has shown a rejection at the 50-day EMA, closing inside with an inverse hammer pattern. This technical formation suggests a continuing bearish sentiment, with the price aiming for the $235 level. Keep an eye on how TSLA responds in upcoming sessions for potential trend confirmations.

Tracking chart Setups like meteorologist track Storms.
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.