Tesla
Mis à jour

TSLA Tesla : Where will Elon navigate the ship to? 24.5

367
A long-term support trend-line ongoing since March 2020 was broken down Feb, March 2022.

Since, we had a false break back up April 2022 and the price went back below breakout very quickly, as well as retest of the long-term breakout down once again.

630 - 540 is support range and if holds may be the lowest point we will see for Tesla.
A break below may open the way to 350-200. A break below would be a weekly open below 540.

A correction back to 750 is possible within the down-trend (connecting highs trend-line).

The fundamentals going for Tesla are simple : Technology, tracking, real estate, branding, CEO
The fundamentals against Tesla are : Recession, inflation, overpriced auto manufacturer, supply issues, Twitter deal instability

Overall - We may be going to a heavy landslide with a close below 540. Keeping above is a good bullish sign.

----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Thank you so much for reading! If you found my idea useful please like and follow - It would truly mean a lot to me.
If there's any questions or comments please don't hesitate to ask.
I am not a financial advisor and encourage everyone to do their own research, thank you :)
-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Transaction en cours
Bounce from 630 connecting lows support, could go to 750 retesting resistance trend-line

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.