$TSLA TOP 20
Added 2024-09-02 18:33:55 +0000 UTCI spoke just now under the $GOOG chart that it was in a mixed position and $TSLA is also in this position too
It has rejected trying to get above the wedge trend line on the 20th of August and then pulled back to retest the 200 Day MA and found support.
So right now, the price is under the trend line and 50 Day MA but found support on the 0.618 Fib and 200 Day MA......that does not help us find the next direction
Unfortunately we are going into a difficult month, so if the market lets off steam and the other Mega Caps struggle....$TSLA may follow.
Bulls need to get out of this wedge and get above $220 and stay above there now.
Comments
Yep there was an impulse wave count on this chart but when the red line broke down, that impulse wave could not be valid
Gareth Neary
2024-09-03 14:02:06 +0000 UTCImpulse didn’t get invalidated cap ?
Dhairya Ratti
2024-09-03 13:59:49 +0000 UTC
