BULLISH ON TESLA?
Tesla is showing on the weekly timeframe it is properly touching the Bearish trendline. Tomorrow will define if it breaks the trendline or reverse. I am bullish currently with Tesla going up to $301 but only if during the 1 min timeframe it indicate it is going up to the previous day high. If it shows any sign of retracement at trendline, I have expectations to drop to the previous pivot around $216 before attempting another run.
Question is, are the buyers exhausting for tomorrow?
Question is, are the buyers exhausting for tomorrow?
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