TeslaShort
Tesla Monthly (Bearish)
Let's keep this one simple:
➖ We have a downward bias based on a perfect trendline.
➖ This down-trendline is confirmed as strong last month with the session producing a wick above it, but closing below it.
➖ This bearish tendency is confirmed by this monthly session turning red below this trendline.
➖ Trading volume has been declining since February 2020.
➖ The peak has been clearly established November 2021.
➖ Current session trades below 0.5 Fib. retracement.
There is a strong, multi-year long bearish bias on the long-term TSLA stock chart.
👉 Current price action and market dynamics, points toward lower prices.
Namaste.
➖ We have a downward bias based on a perfect trendline.
➖ This down-trendline is confirmed as strong last month with the session producing a wick above it, but closing below it.
➖ This bearish tendency is confirmed by this monthly session turning red below this trendline.
➖ Trading volume has been declining since February 2020.
➖ The peak has been clearly established November 2021.
➖ Current session trades below 0.5 Fib. retracement.
There is a strong, multi-year long bearish bias on the long-term TSLA stock chart.
👉 Current price action and market dynamics, points toward lower prices.
Namaste.
🔥 PREMIUM Trade-Numbers
lamatrades.com (Since 2017)
🏆 Results: t.me/alansantana1111/5935
🔝 Daily Cryptocurrency Technical Analysis
followalan.com
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
lamatrades.com (Since 2017)
🏆 Results: t.me/alansantana1111/5935
🔝 Daily Cryptocurrency Technical Analysis
followalan.com
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.