[EN] Tesla. Medium-term bearish signal // GaliortiTrading
On the 1-month chart 
TSLA has lost its 10-session average, a chart widely followed by large traders, which may condition a bearish momentum in the medium term.
https://www.tradingview.com/x/mpnWa6cd/
1 Month
Since November 2021 the price has been immersed in a counter-trend bearish channel with a final target at the floor of the long-term bullish channel ($100). Before that, it will have to previously exceed the medium-term bullish guideline (June 2019) in the vicinity of $175.
https://www.tradingview.com/x/lXJRj2hM/
1 W
In the short term, prices present a series of supports that will initially stop the falls. The important liquidity zone between $200-220 and the 200-session average ($196) will help to contain the falls and will probably enter a sideways phase that will last a few weeks. It will then most likely attack the June 2019 bullish trendline.
https://www.tradingview.com/x/6aVlFxNi/
1 D
In June of this year there was a bearish gap ($280 to $290) not yet covered that will act as a strong resistance in the future. A new bearish gap has been experienced during the day which has determined the loss of the 200 session average.
https://www.tradingview.com/x/J6FqtAQ0/
4 h
In the very short term the bullish gap from mid-August will contain the price decline. The large liquidity zone in which the price is starting to enter and the large oversold conditions will push prices to perform a pullback on its lost 200-session average. Even in this situation, the bearish gap may not be completely covered. This would open an important medium-term bearish trading window with stop loss above the gap and a first target at the uptrend line ($175) and a second target at the floor of the long-term channel ($100).
We must be very attentive to if the value fails to overcome the 200-session average on 4-hour charts. If it performs the pull-back and fails to restructure above it, it would trigger our bearish trade.
Pablo G.
TSLA has lost its 10-session average, a chart widely followed by large traders, which may condition a bearish momentum in the medium term.https://www.tradingview.com/x/mpnWa6cd/
1 Month
Since November 2021 the price has been immersed in a counter-trend bearish channel with a final target at the floor of the long-term bullish channel ($100). Before that, it will have to previously exceed the medium-term bullish guideline (June 2019) in the vicinity of $175.
https://www.tradingview.com/x/lXJRj2hM/
1 W
In the short term, prices present a series of supports that will initially stop the falls. The important liquidity zone between $200-220 and the 200-session average ($196) will help to contain the falls and will probably enter a sideways phase that will last a few weeks. It will then most likely attack the June 2019 bullish trendline.
https://www.tradingview.com/x/6aVlFxNi/
1 D
In June of this year there was a bearish gap ($280 to $290) not yet covered that will act as a strong resistance in the future. A new bearish gap has been experienced during the day which has determined the loss of the 200 session average.
https://www.tradingview.com/x/J6FqtAQ0/
4 h
In the very short term the bullish gap from mid-August will contain the price decline. The large liquidity zone in which the price is starting to enter and the large oversold conditions will push prices to perform a pullback on its lost 200-session average. Even in this situation, the bearish gap may not be completely covered. This would open an important medium-term bearish trading window with stop loss above the gap and a first target at the uptrend line ($175) and a second target at the floor of the long-term channel ($100).
We must be very attentive to if the value fails to overcome the 200-session average on 4-hour charts. If it performs the pull-back and fails to restructure above it, it would trigger our bearish trade.
Pablo G.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.