Primary Chart: TSLA's Downtrend Shown by Parallel Channel, Anchored VWAP from Sept. 21, 2022, Key Support / Resistance Levels
SUMMARY:
TLSA remains in a steep downtrend at the primary degree of trend.
The selling is not likely to be complete on longer time frames.
A countertrend bounce may take TSLA's price up to the following targets: $155-158...
Primary Chart: NVDA's Primary Trend Since Its All-Time High November 22, 2021, with Anchored VWAPs
SUMMARY:
NVDA appears to have begun a countertrend rally within the context of a sharp downtrend.
Other countertrend rallies have ranged from 28.9% to 40.17%. Don't be fooled by a show of strength that does not change the overall structure. Countertrend trading...