$TSLA
Has bounced off the support line and heading towards the ATH-Resistance line only if it breaks mid support.
Analysis:
- AS PREVIOUSLY charted, by November 12th $TSLA has hit the $945 Support line.
- It has bounced off the Support line and trending higher.
- WATCH for a break. When BREAK occurs it will trend towards the ATH-Resistance levels.
- (A) IF $TSLA breaks the line it will trend higher
- (B) IF $TSLA tests the break and cannot break it will trend lower.
TAKE AWAY:
- Keep an eye for the break.
Has bounced off the support line and heading towards the ATH-Resistance line only if it breaks mid support.
Analysis:
- AS PREVIOUSLY charted, by November 12th $TSLA has hit the $945 Support line.
- It has bounced off the Support line and trending higher.
- WATCH for a break. When BREAK occurs it will trend towards the ATH-Resistance levels.
- (A) IF $TSLA breaks the line it will trend higher
- (B) IF $TSLA tests the break and cannot break it will trend lower.
TAKE AWAY:
- Keep an eye for the break.