TSLA is bearish in its medium and short term time frames. the upward trend with the price 629.00 above, if it opens with a bullish gap, it will find a double top at the price 668.00 and our only entry will be when it reaches the price 669.00 not before.
the next bearish continuation price is 627.00 with a support zone at 622.00 and 621.00 if before ignoring the 50-period moving average that is located above the buy price of 629.00.
note: once it reaches 669.00 you should be careful with the price 693.00 this is a supply area
the next bearish continuation price is 627.00 with a support zone at 622.00 and 621.00 if before ignoring the 50-period moving average that is located above the buy price of 629.00.
note: once it reaches 669.00 you should be careful with the price 693.00 this is a supply area
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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.
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.