$TSLA Losing momentum but trending up
The area shown highlighted in red is the area to exit and watch for a reverse in the trend. Tomorrow could be a red day for Tesla albeit briefly before following its trend up. It is close to the center of the resistance and support lines, and is sitting just under its psychological resistance of $1000, so tomorrow morning at market open is a good time to watch before making a decision up or down. Short-term I'd short, then back to a long position.
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.