TSLA remains in a channel as stated in my previous analysis (tradingview.com/chart/TSLA/MMf5oNUR-TSLA-Indecision-Long-term-outlook/). Breakdown below the $242 range or breakout above the $390 range will be a key entrance for a swing trade. The RSI on the weekly time frame has formed a bullish divergence which is key to keep eyes on. TSLA price action is in a short term uptrend which could push price towards the upper channel.
Happy Trading :0)
Like, comment and share!
This is not advice to buy or sell, it is only meant for educational purposes!
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.