Analyzing Tesla's Potential Decline: Waikoff Analysis, RSI Level
I anticipate that Tesla will experience a decline based on the Waikoff analysis. Another supporting factor for a short position is the current RSI level, which suggests potential downward movement. Furthermore, the last candle from yesterday's trading session bears resemblance to a shooting star pattern, adding to the bearish outlook.
My first target range for Tesla is set at 120-126 EUR.
My first target range for Tesla is set at 120-126 EUR.
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