As you can see, even the first year of a stocks price history can influence trends forever
TSLA is now at a key level on a historical trend, riding a longtime trendline while being sandwiched in a strong support/resistance area since 2021. Watching for big moves that signal the S & P 500's direction in the coming month, the next price move will be volatile
If TSLA falls below $100 it's in big danger of falling down that grey imbalance zone on the monthly. The volatility of this stock is it's greatest asset and weakness. Personally, I wouldn't want to be trading this stock without a tight stop loss
TSLA is now at a key level on a historical trend, riding a longtime trendline while being sandwiched in a strong support/resistance area since 2021. Watching for big moves that signal the S & P 500's direction in the coming month, the next price move will be volatile
If TSLA falls below $100 it's in big danger of falling down that grey imbalance zone on the monthly. The volatility of this stock is it's greatest asset and weakness. Personally, I wouldn't want to be trading this stock without a tight stop loss
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