• TSLA is trying to retest the previous resistance level at $214, but it seems to be losing steam this morning;
• The problem is that TSLA is inside a congestion, and any bearish signal around $214 may indicate that it will correct back to its support level - probably the 21 ema;
• In order to regain bullish sentiment, TSLA must do a clear breakout of the $214 resistance. In this scenario, the next target would be $237;
• On the other hand, TSLA would have to trigger a clear bearish reversal structure, and lose all its key support levels (21 ema, $187 and $182.50) in order to completely reverse bullish sentiment;
• For now, it is just congestion. Let's pay attention to the $214 resistance. I will keep you updated.
• Remember to follow me to stay in touch with my daily analysis!
• The problem is that TSLA is inside a congestion, and any bearish signal around $214 may indicate that it will correct back to its support level - probably the 21 ema;
• In order to regain bullish sentiment, TSLA must do a clear breakout of the $214 resistance. In this scenario, the next target would be $237;
• On the other hand, TSLA would have to trigger a clear bearish reversal structure, and lose all its key support levels (21 ema, $187 and $182.50) in order to completely reverse bullish sentiment;
• For now, it is just congestion. Let's pay attention to the $214 resistance. I will keep you updated.
• Remember to follow me to stay in touch with my daily analysis!
🔴 Only 5% of traders manage to beat the market.
👉 Join the 5%: thefinancehydra.com/
💲💲 Project 5%: + 104%
🔹 S&P500: +35%
💪 Public track record.
👉 Join the 5%: thefinancehydra.com/
💲💲 Project 5%: + 104%
🔹 S&P500: +35%
💪 Public track record.
