headgaar

headgaar

TSLA is still inside its uptrend channel since March of last year. what can happen this week: - it will either shoot up from here until 800+ since it's on the bottom of the channel right now; - i support does not hold, it will fall until 450 and breakout of the uptrend

headgaar

this week is crucial: will it break down from the longer bullish trend? or will it breakout from the short bearish trend and go up from here?

headgaar Updated 

So, the downtrend channel was broken 2 days ago and it has found support on the EMA 200 and 50. RSI has still room to go up before reaching the overbought area. I think it's just a matter of time that we will test the 68,5% retrace and break it also. I don't know many of you have in your chart that was not broken, you probably are using log view.