Does $TSLA have enough momentum to reverse trend?
First we saw bullish divergence between price making a lower low and GoNoGo Oscillator making a higher low. The oscillator then rode the zero line for several bars as the GoNoGo Squeeze showed a tug of war between buyers and sellers. When this GoNoGo Squeeze was broken to the upside it did so on heavy volume as price climbed above horizontal resistance. This level should offer support going forward. We'll want to observe if GoNoGo Oscillator holds the zero line on any pullback as GoNoGo Trend tries to paint "Go" bars.
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