Telsa is most likely still in an uptrend. Note the bounce of the fibo support.
My base case is for a test of the 200dma unless the price breaks back above the ATR resistance (black line).
My base case is for a test of the 200dma unless the price breaks back above the ATR resistance (black line).
Dagangan aktif
The results were, as per usual, a mess with multiple non-operating items propping up EPS (carbon credits, Bitcoin trading). While volumes were up, ASPs were down. The bears will likely come back to valuations and intensifying competition. The bulls will zero in on +50% volume growth targets. Either way, the limits remain in play, a break above 750, and we move back to test 900. A break below 700 and I suspect the 200dma will need to be tested (thick green line).Nota
Difficult to find an uglier chart.
560 to 630 trading range.
Full position short.
Dagangan aktif
Target 400.Short Telsa at your own peril. This is not investment advice.
Dagangan aktif
Tesla is selling off on good news, back below the 200dma....difficult to construct a more negative technical outlook:
I am not a registered investment advisor. Nothing I say, or share, constitutes investment advice. Take responsibility for your risk and do your own research.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
I am not a registered investment advisor. Nothing I say, or share, constitutes investment advice. Take responsibility for your risk and do your own research.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.