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cival
05-28

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TSLA Daily Chart - Price moving between 50 and 100 daily moving averages

@SmartReversals：

$Tesla Motors(TSLA)$ Price moving between 50 and 100 daily moving averages, similar to November 2023. Back then price action filled a gap down, today it filled a recent gap up. 50DMA is close to another S/R level, that confluence better holds and create a bounce above 100 DMA and other levels shared in the Weekly Compass. Also similar to last time, there is a bullish 20 & 50DMA bullish crossover, adding bullishness to the chart. Price action has to demonstrate a change in the trend. Image https://x.com/SmartReversals/status/1795071667590308017

TSLA Daily Chart - Price moving between 50 and 100 daily moving averages

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