Tesla is selling off rapidly . Based upon the previous chart data, I see 256 in the next 2-3weeks , seeing that we broke broke above the downwards trend channel in September to touch 256-265 , came down in October and grabbed 211 then proceeded to continue to trend upwards outside of the channel. How ever Major Support on the monthly time frame shows 168 as a the start of the upwards trend in June and reaching 270 in July , Coming down to grab 180 in August establishing a higher low, then continuing upwards momentum. I believe the market will follow the same pattern downwards All the way to 165.We will see what follows when we get there.
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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.