TSLA Wyckoff distribution - will investors regain confidence?
Updated
Even before the tragic news which caused a mass sell-off, price action already exhibiting simplified similarity to schematics of Wyckoff distribution. Bulls rallied all the way up into previous support zone until close of trading on the 5th of April. With RSI showing exhaustion and potential loss of confidence following the April fools tweet from Elon Musk this throwback presents short opportunity.
Note
Bummer if you're a bull
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