DEDO analysis shows that TSLA since January 2022 QT regime started, that lower highs in the price are coming with higher liquidity extension.
TSLA is making one of these moves now, with divergence in liquidity pressure at a lower high. This is likely a good spot to look for reversal and a potential loss of the support in the ascending channel as QT continues, and higher interest rates bleed tech.
See DEDO script for details:
TSLA is making one of these moves now, with divergence in liquidity pressure at a lower high. This is likely a good spot to look for reversal and a potential loss of the support in the ascending channel as QT continues, and higher interest rates bleed tech.
See DEDO script for details:
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