SUMMARY - Neutral with
TSLA
being right at support of ~$160
current weekly chart for TESLA:
- June 2022 and Nov 2022 had very similar MACD charts showing 2 very different scenarios (outcomes)
- In scenario 2, however, the VORTEX was totally different, very deep in the red
- currently, the VORTEX (indicator at the bottom) looks more like scenario 1 from June 2022
- the downward channel (adjusted) has been less steep now but can't be disregarded yet.
TSLA
being right at support of ~$160 current weekly chart for TESLA:
- June 2022 and Nov 2022 had very similar MACD charts showing 2 very different scenarios (outcomes)
- In scenario 2, however, the VORTEX was totally different, very deep in the red
- currently, the VORTEX (indicator at the bottom) looks more like scenario 1 from June 2022
- the downward channel (adjusted) has been less steep now but can't be disregarded yet.