Regardless, I believe we’re in a bullish scenario and will see
TSLA
rise higher, but short term, I believe next week that it’s got a small decision to make. Does it short term stay in it’s current range, does it drop down around the 7th for a possible wick around the $747/750 area? Currently the RSI on the daily chart is in a place that could support either movement, with 8 hr showing some possible downside and 4hr showing that it’s ready to show upwards price action.
purple is laid out to weekly targets while blue is laid out to daily targets
* This Content is for informational purposes only. You should not construe any such information or other material as investment, financial, or other advice.
TSLA
rise higher, but short term, I believe next week that it’s got a small decision to make. Does it short term stay in it’s current range, does it drop down around the 7th for a possible wick around the $747/750 area? Currently the RSI on the daily chart is in a place that could support either movement, with 8 hr showing some possible downside and 4hr showing that it’s ready to show upwards price action. purple is laid out to weekly targets while blue is laid out to daily targets
* This Content is for informational purposes only. You should not construe any such information or other material as investment, financial, or other advice.