Realamh

TSLA: How does a bubble burst!

Short
Realamh Updated   
NASDAQ:TSLA   Tesla
Use a needle! The smallest of triggers could cause Tesla to crash and settle at some sensible levels. I have marked some of those levels of support. Some may say that's too generous but anywhere under 200 would be acceptable.

Oh, also check out the death cross on daily!
Comment:
This has broken out of weekly pattern. It could be a bull trap but since the economic outlook is very uncertain, we need to wait and watch the price movement. Is Tesla going to go back up to its previous highs? We shall see.
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.