$TSLA Rejection at 50-day EMA: Inverse Hammer Signals Bearish
TSLA's recent price action has shown a rejection at the 50-day EMA, closing inside with an inverse hammer pattern. This technical formation suggests a continuing bearish sentiment, with the price aiming for the $235 level. Keep an eye on how TSLA responds in upcoming sessions for potential trend confirmations.
Tracking chart Setups like meteorologist track Storms.
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