Madrid

In a wait and see mode at a critical level

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NASDAQ:TSLA   Tesla
1
It has not changed yet. TSLA is topping at a critical level where historically it has seen downtrend reversals. We had two consecutive intraday trading sessions and very low average volume.

The bollinger bands are shrinking, which means there will be a strong move pretty soon. It has to break above 265, but currently the overall market is in a wait and see mode, and the last two sessions here are giving the same message. Wait and see.


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