Long Term Tesla - Big Accumulation !

Long term Technical suggest we are in a Up Trend on Angle 6.
Green UMVD & GREEN TrapZone at the moment with Very WIDE Ranges on the Daily.
Will post hourly for swing analysis as a thread next. What are your thoughts ?

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Swing chart on an Hr, recent selling is with the RED UMVD. angle 7 is the next support!

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Todays Gap down was not a surprise, selling was evident here on the hOurly since the 26th.
RED UMVD = selling pressure. RED TrapZOne = downTrend

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Angle 7 is lost on the Daily. Now angle 6 is where the support could be. so a few more dollares to loose.

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We are down around the angle 6 after the gap down. I think we will push it down before bouncing back to close the gap. I am thinking 203/ 202 before a move higher.

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It pushed down and then POP...lol Next resistance will be around 261 with the angle coming down. There were multiple buying patched in the days leading up to the earnings.

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The down Angle provided the resistance. I will update the angles based on Hrly and post next.

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Selling has started with RED UMVD and RED US MSI. I think we will see the bottom of the GREEN TrapZone and then Start going up.

SnowflakeTrader

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