🚘 Tesla Short-term Bounce? Maybe...
My friends, a bounce can happen anytime but there are no signals pointing to this scenario.
We've been bearish for a while, sharing bearish charts with bearish signals.
It keeps going lower until it stops.
There is no support below 125 until 100/110.
Daily session closure needed for confirmation. (Things can change in a day!)
We can speculate about a bounce but we don't have any signals to support this at the moment.
The RSI is hitting weak/oversold.
That is one thing that favors the bulls but it can go to oversold and stay there for days, weeks or months, it really depends on how it all develops.
Just a quick update to answer the questions I've been receiving.
I appreciate your support.
This is the main chart, please support my work.
💾 Tesla | Chart Spells Doom! (20-Nov-2022)
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Namaste.
We've been bearish for a while, sharing bearish charts with bearish signals.
It keeps going lower until it stops.
There is no support below 125 until 100/110.
Daily session closure needed for confirmation. (Things can change in a day!)
We can speculate about a bounce but we don't have any signals to support this at the moment.
The RSI is hitting weak/oversold.
That is one thing that favors the bulls but it can go to oversold and stay there for days, weeks or months, it really depends on how it all develops.
Just a quick update to answer the questions I've been receiving.
I appreciate your support.
This is the main chart, please support my work.
💾 Tesla | Chart Spells Doom! (20-Nov-2022)
---
💾 S&P 500 Index (Bring In The Bad News, We Are Ready)
💿 SPX Daily Bearish Signals
💾 Dow Jones Industrial Average Index Analysis (Lower High = Short)
💿 DJI Daily Bearish EW Targets
💾 Nasdaq 100 Index | Strong Crash Ahead (Prepare!)
💿 NDX Daily Bearish Signals
💾 Volatility S&P 500 Index (VIX) | Goes GREEN/Bullish!
💿 VIX Daily Rising Gap
-----
💾 AMZN 20 Years Long Uptrend - Targets 68/72, Then Lower
💾 Google | Looking For The Next Target
🚘 Tesla, Inc. | Last 2022 Analysis (Going Below 100!)
💾 Microsoft Corp. Goes Bullish? ... The New World Order!
📀 Bank of America Corporation Multi Year Correction Targets 23/25
Namaste.
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