October 28, 2015

TESLA Motors chart analysis

  • Tesla daily chart shows immediate trading levels. MACD looks good for bulls only as long as price stays above 202.
  • Week continues to look bad for bulls as price has violated 100 Week SMA again. But price is approaching crucial support levels as shown in chart 3. Bigger worry for Tesla only if price starts to trade below 177 on which it may fall towards 120 levels.

No comments:

Post a Comment