๐ป๐ฌ๐บ๐ณ๐จ ๐ช๐ถ๐ต๐ป๐ฐ๐ต๐ผ๐ฌ๐บ ๐ป๐ถ ๐ญ๐ณ๐จ๐ด๐ฌ ๐ถ๐ผ๐ป.
Last week we looked at the possibility of a local triple top on Tesla, as price struggled to break above $900. As this week starts off, there has been a significant drop off on the Tesla price. With a target from the triple top of ~680, we are probably pretty close to a point of recovery.
In the broader context, we are also near the bottom of the rising channel as well - which is a nice confluence factor we need to keep in consideration. And additionally, RSI is teetering on the edge of oversold.
But where is the volume!
Last week we looked at the possibility of a local triple top on Tesla, as price struggled to break above $900. As this week starts off, there has been a significant drop off on the Tesla price. With a target from the triple top of ~680, we are probably pretty close to a point of recovery.
In the broader context, we are also near the bottom of the rising channel as well - which is a nice confluence factor we need to keep in consideration. And additionally, RSI is teetering on the edge of oversold.
But where is the volume!
Related publications
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.
Related publications
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.