Tesla could be in trouble here. 2 sell signals in the past 4 weeks rejecting 700-750. We could be on our way down into the 400-450 region which is an area of previous consolidation.
Interesting considering Elon Must recently tweeted this,
www.ndtv.com/world-n...lete-a-tweet-2400004
We would need a sharp sell off into that range on heavy volume and a subsequent buy signal from our systems to signal all clear to enter back into the water.
A gap up over 750 and a buy signal would negate this analysis and see us goto over 1000, but the odds of this at the moment are extremely unlikely.
Interesting considering Elon Must recently tweeted this,
www.ndtv.com/world-n...lete-a-tweet-2400004
We would need a sharp sell off into that range on heavy volume and a subsequent buy signal from our systems to signal all clear to enter back into the water.
A gap up over 750 and a buy signal would negate this analysis and see us goto over 1000, but the odds of this at the moment are extremely unlikely.