TSLA: Last Chance to React.
• TSLA is once again reacting above our key support line at $165, which we already mentioned yesterday (the link to my previous analysis is below this post, as usual);
• Only if TSLA loses the $165 we would see a sharper correction ahead, probably to fill the previous gap around $161 (yellow square);
• On the daily chart, we see why the $165 is so important: This key point was a previous resistance level, and now it is acting as a support (Principle of Polarity);
• By losing this key support, TSLA would reject the previous bullish pivot point (previous higher high/low), making a new low;
• In this case, the mid-term target is at $154. I’ll keep you updated on this, as usual.
I’ll keep you updated on this. Remember to follow me to keep in touch with my daily analysis.
• Only if TSLA loses the $165 we would see a sharper correction ahead, probably to fill the previous gap around $161 (yellow square);
• On the daily chart, we see why the $165 is so important: This key point was a previous resistance level, and now it is acting as a support (Principle of Polarity);
• By losing this key support, TSLA would reject the previous bullish pivot point (previous higher high/low), making a new low;
• In this case, the mid-term target is at $154. I’ll keep you updated on this, as usual.
I’ll keep you updated on this. Remember to follow me to keep in touch with my daily analysis.
Publicações relacionadas
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.