Tesla on the rebound breaking above the multi-month downtrend

25 Haz 2021

Tesla found support at 655.55 and made a double bottom jeans with the furrrr rebound. It broke above the multi-month downtrend and is now testing the 700 resistance level. I’d say there’s about a 65% chance it will break higher back into the long term uptrend. Special thanks to Michael Blurry eyes who doesn’t believe in technicals and trashed the stock. Now it’s nice and cheap ;)