Two Possible Scenarios for $TSLA Pre-Split

28 באוג׳ 2020

TSLA has been trading within an ascending channel for exactly two weeks. In terms of indicators, both indicator are giving us bearish signals (touching upper bollinger band, hot rsi). However, Vol. has remained consistent throughout this entire move. A bounce off the bottom of this channel and a move to the new mainstream bullish target of 2500 pre-split seems more likely to me. This being said, the bearish target would be around the most recent support at 1963. TSLA is a monster so trade responsibly. *I AM NOT A FINANCIAL ADVISOR. THIS IS NOT FINANCIAL ADVICE*