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TSLA bulls lost major support after failing to hold 200 SMA and major trend support zone,which is why the selling pressure has been so bad the last week or so 🩸 there is a last line of support here around 200-210 area..
if it can hold support here then we likely rally higher back to 300-400🚀, if not the another 25% pullback is possible, there is not much support left under 200!
all eyes on tesla, this week. good luck to all. see you soon with more ⚡
TSLA bulls lost major support after failing to hold 200 SMA and major trend support zone,which is why the selling pressure has been so bad the last week or so 🩸 there is a last line of support here around 200-210 area..
if it can hold support here then we likely rally higher back to 300-400🚀, if not the another 25% pullback is possible, there is not much support left under 200!
all eyes on tesla, this week. good luck to all. see you soon with more ⚡
Note
check the RSI at the bottom, every time it touched this level it pretty much bottomed out,but history doesnt always repeat. we will see
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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.