TSLA: Bearish Pressure and Potential Pullback
🔥 Potential Price Targets:
🩸 Near-term Goal: $394.74 (1-2 months)
🩸 Long-term Goal: $420 (3-4 months)
🔥 LucanInvstor's Strategy:
🩸 Short: Below $394.74, targeting $380 and $360. The MACD remains negative, and the price is below the 9-day EMA, indicating further downside.
🩸 Long: Above $420, targeting $430 and $440. A breakout above resistance could lead to a rally, but short-term bearish momentum remains a concern.
🔥 LucanInvstor's Commands:
🩸 Resistance: $420 — A critical resistance level; a break above this could trigger a rally.
🩸 Support: $394.74 — A key support level; a breakdown below this could lead to further declines.
Tesla is facing bearish momentum in the short term, with MACD confirming the downward trend. A breakdown below key support could trigger more downside, while a breakout above resistance may lead to a brief rally.
👑 "Clarity in your moves defines your success."
🩸 Near-term Goal: $394.74 (1-2 months)
🩸 Long-term Goal: $420 (3-4 months)
🔥 LucanInvstor's Strategy:
🩸 Short: Below $394.74, targeting $380 and $360. The MACD remains negative, and the price is below the 9-day EMA, indicating further downside.
🩸 Long: Above $420, targeting $430 and $440. A breakout above resistance could lead to a rally, but short-term bearish momentum remains a concern.
🔥 LucanInvstor's Commands:
🩸 Resistance: $420 — A critical resistance level; a break above this could trigger a rally.
🩸 Support: $394.74 — A key support level; a breakdown below this could lead to further declines.
Tesla is facing bearish momentum in the short term, with MACD confirming the downward trend. A breakdown below key support could trigger more downside, while a breakout above resistance may lead to a brief rally.
👑 "Clarity in your moves defines your success."
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