TSLA trying to find support around 209; 160 looming!
TSLA trying to find support around 209; 160 looming!
Reference all previous TSLA article sharing and what has transpired
- Earnings has broken down from triangle on 18 Oct
- Shared before ==> cannot stay above 255, means downside ==> played out
- Shared before ==> 240 to 232 is a key support range ==> Market makers tactically gapped over it to overcome the support
- Now at MA200 support which is around the 209 region
- MA5 below MA20 and MA5 near Bollinger band
- Earnings has broken down from triangle on 18 Oct
- Shared before ==> cannot stay above 255, means downside ==> played out
- Shared before ==> 240 to 232 is a key support range ==> Market makers tactically gapped over it to overcome the support
- Now at MA200 support which is around the 209 region
- MA5 below MA20 and MA5 near Bollinger band
Now or never
- TSLA must hold around 209 to 200 (200 is top of gap down to 192)
- Failing means 160 to 145 key support range comes back into the picture
- TSLA must hold around 209 to 200 (200 is top of gap down to 192)
- Failing means 160 to 145 key support range comes back into the picture
Personally, I see 160 more likely to play out
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