TESLA WEEKLY TECHNICAL ANALYSIS – 17 MARCH 2022

TESLA Technical Analysis: Weekly Chart

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

It is trading above 50 and 100 days SMA & below 20 days SMA.

The immediate support is 758.43 & the resistance level is at 879.09.

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

TESLA Technical Analysis: Daily Chart

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

It is trading above 20 days SMA & below 50 and 100 days SMA.

The immediate support is 781.12 & the resistance level is 852.31.

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 837.96, TAKE PROFIT AT 781.12 AND STOP LOSS AT 852.31

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