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Tesla Analysis – 04.Oct.2024

Tesla Analysis – 04.Oct.2024

XAUUSD GOLD EURUSD GBPUSD Forex Gold Master Arman Shaban

Tesla Analysis : By analyzing Tesla’s weekly chart (logarithmic), we observe that after a correction down to $209, the price experienced renewed buying pressure and was able to climb back up to $265. Once the price reached this significant supply level again, it faced selling pressure and has, so far, corrected down to $240. I expect that if the weekly candle closes and stabilizes below $242, we may see further correction in this company’s stock.
(This Post on TradingView)

Author : Arman Shaban
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