TSLA Daily Chart - Will TSLA $173.6 level hold as support again in June?
This volume platform has been forming for a month now.
The Weekly Compass, analyzing the weekly chart, indicated a significant price movement is likely on the horizon.
The question is: Will the $Tesla Motors(TSLA)$ $173.6 level hold as support again in June, just as it did with near-perfect symmetry in May?✅
On the other hand, the 100-day moving average has been acting as resistance, rejecting price advances⚠️.
The roof is moving down while the floor remains flat.
Which technical indicator or pattern would you add to decipher direction?
Intriguing.
Image
https://x.com/SmartReversals/status/1797757492664971472
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