Tesla
מעודכן

TSLA Tesla : Where will Elon navigate the ship to? 24.5

367
A long-term support trend-line ongoing since March 2020 was broken down Feb, March 2022.

Since, we had a false break back up April 2022 and the price went back below breakout very quickly, as well as retest of the long-term breakout down once again.

630 - 540 is support range and if holds may be the lowest point we will see for Tesla.
A break below may open the way to 350-200. A break below would be a weekly open below 540.

A correction back to 750 is possible within the down-trend (connecting highs trend-line).

The fundamentals going for Tesla are simple : Technology, tracking, real estate, branding, CEO
The fundamentals against Tesla are : Recession, inflation, overpriced auto manufacturer, supply issues, Twitter deal instability

Overall - We may be going to a heavy landslide with a close below 540. Keeping above is a good bullish sign.

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עסקה פעילה
Bounce from 630 connecting lows support, could go to 750 retesting resistance trend-line

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