TSLA weekly chart shown wirh Mcginley indicator (a trend following indicator) and cycle oscillator. Whilst price currently shows a negative bias, I believe price has reached an inflection point as the market seeks direction. Those waiting to buy the dip should wait patiently for entry opportunities upon confirmation of momentum and volume.Trade active
At closing price of $347 today, share price is up over 40% from my initial post. Personally my gains were not as significant as I was waiting for certain indicators to confirmTrade closed manually
took profits 1 week or so ago. Elon's temper tantrum is not a good outlook
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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.