NLMarco

TESLA shows a relief bounce but no bottom yet!

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NASDAQ:TSLA   Tesla
Tesla shows us a nice relief bounce but with a very clear bearish reversal at the RSI. Tesla may be forming a soil around 300-350. This is an very important support area. If we break this we can go further down. Quite hard!

Money flow indicator is decreasing, which indicates that money is still flowing out of the market. That is not very positive short term.
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