When might Tesla look BULLISH again?
We have to be patient and watch price action.
Based on longer term trendline support, exhibited as purple, TSLA has a good chance of holding above $700, but wont look bullish technically until it gets back above $770.
Further down side and resistance will be seen as it struggles to get above the yellow trendline resistance, but once it does, will likely go sideways to create more support and test resistance before building more confidence to go higher.
i.e. consolidate above yellow trendline resistance, below 770 until enough time garners for testing all time highs again.
Based on longer term trendline support, exhibited as purple, TSLA has a good chance of holding above $700, but wont look bullish technically until it gets back above $770.
Further down side and resistance will be seen as it struggles to get above the yellow trendline resistance, but once it does, will likely go sideways to create more support and test resistance before building more confidence to go higher.
i.e. consolidate above yellow trendline resistance, below 770 until enough time garners for testing all time highs again.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.