JP_Tru

TSLA Bounce?

Short
JP_Tru Updated   
NASDAQ:TSLA   Tesla
While TSLA is still in a downward trend you might witness some bounces.
These last week we have witnessed some sharp aggressive movements both up and down.
The choppiness has not ended
TSLA expected to reject within 805-815 range.
Once rejection is confirmed
TP1-730
TP2-700
Comment:
TSLA beautiful rejection @800
Trade active:
Great rejection
730 coming up
Comment:
765 target reached
Trade active:
Bears with strength here @761
Comment:
TSLA with two strong resistances near by
@ 780 & 792
There could be a small bounce and retest of these levels.
Or price urged by the target @ 707 might continue towards 745 where a reaction is expected.
Comment:
I will point out that a retest anywhere above 815 will raise flags since price action could seek to retest the top trend wall heading towards 882 and the familiar 980
Comment:
TSLA retest of 790
Comment:
beautiful rejection @800
Comment:
Previous rejection gained strength and bounced off 786
possible retest of Bearish channel seeking 823
If 823 is crossed with strength ...keep in mind that price has continued to move forward without volume, but if it continues it count fight its way to 850 which will really encourage the bulls in their rally

DO YOUR OWN RESEARCH!!!

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