- Possible bullish formation
- But 4 hour cloud is acting as stiff resistance.
- Bulls need a cloud break for bigger up moves to follow.
- TESLA Bounces from weekly support levels
April 6, 2018
- First chart shows a possible bullish base building, But price need to break above 64.14 levels which was the previous support zone. This broken support zone may turn as resistance now.
- Price is in a falling channel which is near the support line of a bigger channel. If the support line holds an upper breakout is possible.
- TESLA Weekly charts