TSLA turning bearish?
Tesla had a strong attempt at breaking out but it got severely rejected.
Often when price fails a directional move it attempts and tests the opposite direction.
I would favour Lower price action based off o f this volume rejection.
If prices loses any more of the upsloping trendliness Tesla can be in for much Lower price.
Often when price fails a directional move it attempts and tests the opposite direction.
I would favour Lower price action based off o f this volume rejection.
If prices loses any more of the upsloping trendliness Tesla can be in for much Lower price.
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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.