TeslaShort
Downtrend Chart Analysis
Updated
Volume and momentum indicates strong momentum
Stochastic is overbought at weekly.
Fibbonaci indicate price might go to 61.8%
Followed by Flag pattern at hourly
Decision : Buy short
Stochastic is overbought at weekly.
Fibbonaci indicate price might go to 61.8%
Followed by Flag pattern at hourly
Decision : Buy short
Note
Gap up followed by strong selling pressure which might give force to break 38.2% support level.Short position is maintain.
Note
There we go, now price hit our target.
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.