Traders,
Here's a breakdown of the current TSLA scenario:
Potential Support Weakness: While we're approaching a potential support level, it's crucial to note that this support may not be robust enough. Additionally, we're edging closer to a more formidable and authentic resistance level.
Break of Monthly S1: The breach of Monthly S1 was notable, and we witnessed a significant reaction to this breach.
Presence of Sellers: The last daily candle strongly signaled the presence of sellers in the market.
With these factors in mind, we're gearing up for what appears to be a bearish week ahead for TSLA.
Stay informed and prepared for potential market movements.
Best regards,
Here's a breakdown of the current TSLA scenario:
Potential Support Weakness: While we're approaching a potential support level, it's crucial to note that this support may not be robust enough. Additionally, we're edging closer to a more formidable and authentic resistance level.
Break of Monthly S1: The breach of Monthly S1 was notable, and we witnessed a significant reaction to this breach.
Presence of Sellers: The last daily candle strongly signaled the presence of sellers in the market.
With these factors in mind, we're gearing up for what appears to be a bearish week ahead for TSLA.
Stay informed and prepared for potential market movements.
Best regards,
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