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TSLA Revisits the 100MA
Damn, what a rough time for TSLA long traders. Friday the stock came down 4.24% to $207.67. It's currently sliding within a descending channel and just dipped below its 50-day moving average, which isn't a great sign but I think an oversold bounce might happen here at the 100-day moving average. Keep an eye out for support around $200 and resistance near $220. The MACD indicates more bearishness ahead. Let's see how this plays out!
TSLA long traders. Friday the stock came down 4.24% to $207.67. It's currently sliding within a descending channel and just dipped below its 50-day moving average, which isn't a great sign but I think an oversold bounce might happen here at the 100-day moving average. Keep an eye out for support around $200 and resistance near $220. The MACD indicates more bearishness ahead. Let's see how this plays out!
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