November 19, 2013

TESLA Chart analysis



  • Daily chart shows next crucial level at 200 Day SMA.  Immediate support levels is the 50% Fib level shown in weekly chart at 113 levels. Breach of 113 levels on closing basis may result in a fall to the 200 Day SMA.
  • Strong MACD sell signal in weekly chart continue to drag price downwards.
  • ES Negative Divergence


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