$TSLA TOP 20
Added 2023-07-30 20:11:13 +0000 UTCReally struggling since their earnings report and finished the week below that important $268 level for us. If we are in this corrective wave, I still expect a further bounce to complete Wave 2 before rejecting at a lower high and then losing the $268 level again....if this happens, this should move down aggressively.
Losing the 50 Day MA will be a strong indication of this weakness.
An area to consider adding if this happens is below the $217 price, which will likely be the area where the 200 Day MA will move up to and may offer support.
Only breaking above the yellow trend line at $296 now would invalidate the corrective red wave.
