Since our previous analysis, last week, it did absolutely nothing surprising, as TSLA just hit our second target/resistance, and we already discussed a scenario where it would do a pullback in the daily chart:
“Even if it does a pullback, it won’t ruin the bias. We have too many supports to hold TSLA if it drops, like the $ 732, the $ 717, the 21 , and even the purple trendline.” The link to my previous analysis is below this post, as always.
Yes, TSLA did a classic Exhaustion Bar, slightly below the previous support at $ 724, and it confirmed a false breakout when it reacted above this .
Let’s wait for more information in the next few days. If you liked this post, remember to follow me to keep in touch with my daily updates, and please, support this idea if it helped.
Have a good week!
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