Tesla formed a baby candle in the weekly. 252 is the previous resistance, but last 2 weeks had good lower wick and slightly bullish closing, indicating not much selling pressure. Price breaking 252 and sustaining shows a bullish reversal with short term target of 265.
The larger trend is still bearish, so I don’t expect another rally, but with Tesla, you never know
The larger trend is still bearish, so I don’t expect another rally, but with Tesla, you never know
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