SamSuka
The Long Investor
The Long Investor

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$TSLA TOP 20 UPDATE

In the last chart, we spoke about $TSLA looking to retest the channel again and we were looking for this to happen and then reject, so far this has happened, it tested the channel at the 0.65 Fib level and came down, managed to claw back throughout the day but finished outside of the bear channel.

The 50 Day MA and the 200 Day MA are right at a junction with each other now on the 1hr chart, the daily it looks a bit different.

Both sides still have a bit to do here to determine whether this goes higher or lower.

As long as the price stays out of the bear flag and below the previous high, this is leaning towards the bears.

$TSLA TOP 20 UPDATE

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