TESLA (For study)
Rst: 613.74
Spp: 485.50
Potentially end of bullish run now, clear resistance observable at Fibo Ext 161.8%, and the stock has quadruple bearish RSI divergence plaguing the momentum, which is highly deteriorative. Plus - The stock is already in 5th wave of Elliot Wave, the selloff will happen very soon in this month.
Rst: 613.74
Spp: 485.50
Potentially end of bullish run now, clear resistance observable at Fibo Ext 161.8%, and the stock has quadruple bearish RSI divergence plaguing the momentum, which is highly deteriorative. Plus - The stock is already in 5th wave of Elliot Wave, the selloff will happen very soon in this month.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.