TSLA showing signs of a reversal on the daily chart. Momentum indicators (middle) suggest strength to the upside although volume (bottom) is weak and for this reason I will remain on the sidelines at this point in time.PS. The volume indicator is a proprietary oscillator that combines both Chakin Money Flow and On Balance Volume Flow concepts. It is used as a trade filter.
Note
As predicted, reversal breaksdown and price continues its slide
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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.