TESLA WEEKLY SCENARIO – 25 February 2022

TESLA WEEKLY SCENARIO

TESLA Technical Analysis: Weekly Chart

TESLA WEEKLY SCENARIO

In the weekly charts, TESLA is trading in the down channel.

It is trading below all SMA.

The immediate support is 761.16 & the resistance level is at 855.49.

TESLA is trading in the down channel until there is a trend reversal.

TESLA Technical Analysis: Daily Chart

TESLA WEEKLY SCENARIO

In the daily charts, TESLA is trading in the down channel.

It is trading below all SMA.

The immediate support is 758.96 & the resistance level is 850.06.

TESLA is trading in the down channel until there is a trend reversal.  

How to Trade TESLA this Week:

TESLA will follow the downtrend until their trend reversal. So, remain bearish on TESLA

TRADE SUGGESTION- SELL AT 799.54, TAKE PROFIT AT 761.16 AND STOP LOSS AT 855.49

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