ContraryTrader

Tesla update

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NASDAQ:TSLA   Tesla
Follow the yellow brick road (Falling wedge) which I feel is leading us back to its primary trendline
( Greenline)

loss support and closed below our channel (Whiteline) Yesterday. To reenter that channel Tesla would need to break above 917 which it hasn't been able to Premarket. Then to breakout of the wedge it would need a look above 937. To be honest 8/13/21 Ema have all crossed below the 50sma 🐻. I would wait to 940 to go long.

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