TSLA - 240 soon? 255 remains the key level to watch for!
Daily Chart
- MA20 is at 272 (big resistance)
- MA5 is at 261 (near term resistance)
- But the ultimate is still 255. Previous sharing has indicated that if cannot stay above 255, then 240 comes very much into play and then 232.
30mins Chart
- Clearly need to climb back above 255, but note that there is overhead supply now if it does make it above
Watch
- Watch 255 Thursday and Friday
- Remain below 255, downside to 240 and 232 are very possible
- Getting back above, MA5 and MA20 needs to be overcome. Any rejection is bearish.
Good luck, all!
@melson @Deposit @LMSunshine @TigerStars @CaptainTiger @macroB
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Sellers are exhausted. TSLA run up tomorrow.
If it breaks 235-238, it’ll downtrend possibly to 217 bottom. If it breaks up, it can go to $250s towards $291. Depends on how the market moves
It won’t break under $200 but it definitely can go down still. If the whole market falls than it’ll break $200
it finished filling the gap today from 2 months ago between $235 and $242
TSLA is overdue to go on an NVDA type “explosive rally” any day now from these extremely oversold levels.
Behaving more like an auto stock every day. Why not when over 87% of revenue is from car sales?
TSLA will close over $180 tomorrow.
Shorts are getting nervous because TSLA is doing good in afterhours.
TSLA is going to explode higher tomorrow. big short cover rally coming.
According to FDOT Teslas have been involved in over 400 autonomous driving incidents, accidents.
Tesla is beginning to look like a crapto stock