TeslaShort
Failed to move UP
After getting pressured at 200 DMA on the 1H chart, Tesla rejected 2 times but closed above the 200 DMA line the first time in 2024 but that lasted only 3 hours. Friday came and went back down, more importantly, it broke below the trendline that gave support during the last 2 weeks.
Now that support is broken and failed to form a higher high, it's logical to test the last support area 182.50.
Even with AI's bullish market, Tesla is struggling to go up, unless the Board introduces a new package for Elon or the first-ever stock buyback program it is getting hard to move up.
Now that support is broken and failed to form a higher high, it's logical to test the last support area 182.50.
Even with AI's bullish market, Tesla is struggling to go up, unless the Board introduces a new package for Elon or the first-ever stock buyback program it is getting hard to move up.
Clause de non-responsabilité
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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.