TSLA weakness continues. What levels to look for?

Simplicity in analysis on TSLA

It has broken several key levels already. I've been repeating the same levels in all my previous posts. 

255 - cannot stay above means bearish

Key range 232 to 240 - market makers gap below it tactically to avoid the bulls 

219 - did not hold well

209 / 190 / 165 / 150 - next tests

Does not look good. An average down plan might be useful if still believe in this counter. 

TSLA Daily chart- 21 Oct 2023

@LMSunshine  @macroB  @CaptainTiger  @melson  @Deposit  @TigerStars  

$Tesla Motors(TSLA)$ 

# Will Tesla head to $200 after it missed earnings?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment6

  • Top
  • Latest
  • Aqa
    ·2023-10-22
    TOP
    Liked and shared. 👍🏻
    Reply
    Report
    Fold Replies
    • Asphen
      thank you
      2023-10-22
      Reply
      Report
  • melson
    ·2023-10-21
    oversold
    Reply
    Report
    Fold Replies
    • AsphenReplying tomelson
      very likely yes. bounce to MA5
      2023-10-21
      Reply
      Report
    • melsonReplying toAsphen
      likely to bounce a bit before continuing down till spy hits 398
      2023-10-21
      Reply
      Report
    • Asphen
      yes. bollinger band stretched.
      however, still could be only a dead cat.
      2023-10-21
      Reply
      Report