TSLA bearish analysis
On weekly chart the price (almost) reached both the solid blue top pitchfork line and the middle orange pitchfork lines. Additionally, weekly RSI reached the dotted green resistance trendline. These are all bearish signs.
On daily chart, RSI has a bearish head-and-shoulders pattern and there is also a divergence between RSI (with purple trendline pointing downwards) and the PRICE (the purple trendline poingint upwards). Again, these are bearsih signs.
My previous TSLA idea was bullish and it went up 54% (from 137.80 to 212.11 when I gave the close signal), see related idea.
On daily chart, RSI has a bearish head-and-shoulders pattern and there is also a divergence between RSI (with purple trendline pointing downwards) and the PRICE (the purple trendline poingint upwards). Again, these are bearsih signs.
My previous TSLA idea was bullish and it went up 54% (from 137.80 to 212.11 when I gave the close signal), see related idea.
Trade fermée: cible de profit atteinte
TSLA went down 16% (from 201.20 to 173.50). Now it seems ready to go up again, see related idea.
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Join free discord.gg/wDTkRnS or t.me/TradersForecast
Publications connexes
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.