TeslaShort
Downside risk for TSLA
On Monday in our Flight Path newsletter, we highlighted TSLA as a tech company that hadn't seen the same downward turn as some of its rivals and so expected further correction. Since Monday, the electric car maker has retraced as much as %20 (intraday, during the session yesterday)
We still see bearish pressure threatening to end the "Go" trend of TSLA, with price setting a lower high and the GoNoGo Oscillator finding resistance at the zero line.
We still see bearish pressure threatening to end the "Go" trend of TSLA, with price setting a lower high and the GoNoGo Oscillator finding resistance at the zero line.
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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.