January 26, 2017

TESLA Monthly Tops and Trend update

  • Tesla Month time frame shows price moving into a historic resistance zone. But price is not showing any weakness yet. The January Month candle continues to look strong. 
  • Weekly chart shows price nearing resistance lines. Price yet to hit this line.
  • The first signs of Weakness will be visible in Hourly time frame when price moves below the cloud in this time frame. For the Now though the Hourly Bullish trend is in full force and will continue to do so till price stay above Hourly cloud.
  • ES Month, 4 Hour and 30 Minute charts

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