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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