On a daily chart, the 9-day SMA crossed the 21-day SMA and the decline in tsla shows no signs of stabilization, and a buy point on the daily has not yet emerged.
Switching to the 1-hour chart, the last decline has divergence, the stock has fallen and the macd area has narrowed, there are two scenarios, a pullback into the central area and the subsequent decline forming the low is a buy signal. In the second case, the pullback does not enter the central area, there is a selling point.
All the buying and selling points revolve around the central, just wait for the trend to come out and choose whether to go long or short according to its direction.
Switching to the 1-hour chart, the last decline has divergence, the stock has fallen and the macd area has narrowed, there are two scenarios, a pullback into the central area and the subsequent decline forming the low is a buy signal. In the second case, the pullback does not enter the central area, there is a selling point.
All the buying and selling points revolve around the central, just wait for the trend to come out and choose whether to go long or short according to its direction.