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TESLA weekly chart - on the cross roads
Tesla
TESLA weekly chart - on the cross roads
By engwicht
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Apr 5
3
Apr 5
SUMMARY - Neutral with
TSLA
being right at support of ~$160
current weekly chart for TESLA:
- June 2022 and Nov 2022 had very similar MACD charts showing 2 very different scenarios (outcomes)
- In scenario 2, however, the VORTEX was totally different, very deep in the red
- currently, the VORTEX (indicator at the bottom) looks more like scenario 1 from June 2022
- the downward channel (adjusted) has been less steep now but can't be disregarded yet.
Chart Patterns
Technical Indicators
Trend Analysis
engwicht
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