Over the past 5 years, $300 has been a very important price point -- both in support and resistance. Only once have we converged with the 200 day at $300 mark, and that was when we were hitting it as resistance. We are now in a position to do the same from the position of support. I think a similar yet opposite pattern should unfold if we move to this range.
Outside all that, we continue to maintain a cup and handle pattern. We are also maintaining higher lows.
Bullish signals and patterns outweigh the bearish in my eyes.
Best of luck.
Outside all that, we continue to maintain a cup and handle pattern. We are also maintaining higher lows.
Bullish signals and patterns outweigh the bearish in my eyes.
Best of luck.
Trade active
Steady on.Buyers came through and for now we look to be hovering above the 200 day.
Tesla bulls are happy that daddy Trump still loves his baby boy,
MAGA 'Mericans are happy that Musk is kissing the ring.
Investors rejoice.
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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.