$TSLA - Textbook example of a volume shelf supporting price
$Tesla Motors(TSLA)$ - Textbook example of a volume shelf supporting price
Fast oscillators are oversold, there have been seven doji type candles in a row, and the gap above price may act as a magnet. An explosive move is brewing.
Technically speaking, risk reward favors bulls. Risk management is key.
It did it in August and September, the problem is that people don't buy when it's time to buy, and after that, people hate the bull market. Wait and see what happens when the pullback comes, which is very soon.
Image
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.
