Price Movement

9 gru 2020

Here is my Tesla price movement based on technical analysis. Based on this analysis, I can see the stock price nearing $600 a share or lower by Friday. First, based on the latest three 3hr candles you can see that the price has maxed out at $650. $650 may be the top for Tesla before it tumbles down. Also Bollinger bands are about to cross at the top of the chart initiating a sell signal. RSI is irrelevant in my opinion due to the nature of this stocks fluctuation, however I included it for those who are interested in that piece. MACD is key in this play, it looks as if it will start to trend down. Meaning that bullish strength is weakening.

This is a bold claim to make about a very difficult stock to predict, however I am 2 for 3 on my bold claims. ( See AAPL, BABA, and ROKU publications )

Comment your bold prediction below. Love the support from everyone. Thank You!