TESLA carries NASDAQ..?
#TESLA #NASDAQ #4HR
- Here is Tesla 4hr log chart. During the recent few days, Tesla has shown some powerful bullish momentum.
- Yesterday it mad a new high at 1792 and has been resisted by the top of the red channel.
- According to my wave counting, I believe all of the impulsive waves have appeared and correction phases are about to emerge.
- The resistance for 4hr RSI has been confirmed around 93.10 and furthermore, MACD histogram bearish divergence can be also interpreted as a bearish signal.
- Here are some of major supports I am considering: 1375~1445, 1170~1240, 950~1030, and 715~795.
- For shorter term, keep an eye on the blue upward trendline. It is currently testing its support. When it gets broken below, get ready for the correction phase scenario.
- Here is Tesla 4hr log chart. During the recent few days, Tesla has shown some powerful bullish momentum.
- Yesterday it mad a new high at 1792 and has been resisted by the top of the red channel.
- According to my wave counting, I believe all of the impulsive waves have appeared and correction phases are about to emerge.
- The resistance for 4hr RSI has been confirmed around 93.10 and furthermore, MACD histogram bearish divergence can be also interpreted as a bearish signal.
- Here are some of major supports I am considering: 1375~1445, 1170~1240, 950~1030, and 715~795.
- For shorter term, keep an eye on the blue upward trendline. It is currently testing its support. When it gets broken below, get ready for the correction phase scenario.
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