I don really trade in stocks. I would rather just buy at key levels and hold for the long term.
But for those trading in stocks Tesla might be a nice short all the way back to the 'now' support zone.
It is quite overbought and people might think of taking some profits from this amazing ATH- all time high.
It will come back to the zone gather momentum ans see a next ATH in 2020.
if we look at the chart we can clearly see that this stock loves running up and down between Support and Resistance zones.
But for those trading in stocks Tesla might be a nice short all the way back to the 'now' support zone.
It is quite overbought and people might think of taking some profits from this amazing ATH- all time high.
It will come back to the zone gather momentum ans see a next ATH in 2020.
if we look at the chart we can clearly see that this stock loves running up and down between Support and Resistance zones.