TeslaShort
Tesla’s Driving Downward to a Bearish Destination of $190!
Tesla
Tesla’s Driving Downward to a Bearish Destination of $190!
1. Price Formation: The price has broken from an inverted reverse C&H price formation on a daily chart.
2. Moving Averages: The 7-day moving average (MA) is below the 21-day MA, which is a positive sign indicating short-term bearish momentum.
3. 200-day Moving Average is below the Price.
4. Thus, Mas 7>21, price > 200. Price will attempt to get closer to the 200 moving average
5. Relative Strength Index (RSI): The RSI is < than 50, indicating bearish momentum and potential further downward movement.
6. Price Target: $190
Tesla’s Driving Downward to a Bearish Destination of $190!
1. Price Formation: The price has broken from an inverted reverse C&H price formation on a daily chart.
2. Moving Averages: The 7-day moving average (MA) is below the 21-day MA, which is a positive sign indicating short-term bearish momentum.
3. 200-day Moving Average is below the Price.
4. Thus, Mas 7>21, price > 200. Price will attempt to get closer to the 200 moving average
5. Relative Strength Index (RSI): The RSI is < than 50, indicating bearish momentum and potential further downward movement.
6. Price Target: $190
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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.