More relief bounce?
Bullish RSI divergence seems to be forming on Tesla’s chart. It’s currently sitting above the Ichimoku Cloud support and 50 moving average support.
We need one or two more solid green candle, with volume, to give us a confirmation of reversal / more bounce.
We need one or two more solid green candle, with volume, to give us a confirmation of reversal / more bounce.
Otherwise, trend is still bearish.
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