Failure to break 209, and stay above 200 ==> Bearish TSLA?
Price action update (9 Mar 2024)
- Reference previous analysis, key levels noted.
- Fail to get above 209
- Fail to hold above 200
- MA5 crossed below MA20
- Lower low formed below 182
- Backtested 182 on 8 Mar failed
- Rejection below MA5 yellow
Bullish
- Need to simply get above 182 then 199 then 209
Bearish
- 175 now becomes key level
- Fail to hold, will look for basing formation and candles at 160 down to 145
Good luck, all!
TSLA Daily - 9 Mar 2024
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175 broken down through. Will we see bulls fightback or we are going to roll over to 160 and 145?
@melson @TigerStars @macroB @CaptainTiger @Deposit
buying starts!
@melson @TigerStars @macroB @CaptainTiger @Deposit