We had indicated 820 as a huge resistance point, and just as $TSLA showed its signs of shattering it; it recoiled and reversed the trend to close down on the day. After flirting with the mid 820s; Tesla fell a solid 15/share to close at about 805. Still believing the trough to be 750-765, it will be highly interesting to keep charting Tesla throughout the week's close tomorrow to see if it retests that bottom-point.
The 820 mark has rejected it several times, and just as it looked over, it swatted it harder than Dikembe Mutombo and waved its finger at investors (Just to add a little color and irrelevant flair to this update!)...
Happy Trading!
The 820 mark has rejected it several times, and just as it looked over, it swatted it harder than Dikembe Mutombo and waved its finger at investors (Just to add a little color and irrelevant flair to this update!)...
Happy Trading!