$TSLA Shows Bearish Signs on Daily Chart
$Tesla Motors(TSLA)$ - Daily Chart:
Two consecutive shooting stars, usually bearish.
The Stochastic RSI suggests a decline has just started, and the Money Flow Index is nearing overbought zone.
The 5DMA is breached, 10DMA and the declining 50DMA are weak lines of defense.
Image
In today's volatile market, having a solid understanding of fundamental and technical analysis is essential for making informed investment decisions.
https://x.com/SmartReversals/status/1836548972158292093
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.
