Tesla trend analysis
Tonight's outlook: If the opening price is below 264 and fails to break through 264 during the session, there's a high probability of hitting the 240 support level this week. Day traders can cautiously go long below 240. As of now, Tesla's after-hours trading has already dropped 0.8%, making this scenario more likely.
This week: If the price doesn't break the 280 weekly resistance line, it's not recommended to trade this whole week. If it indeed hits 240 this week, next week might test around 215. $Tesla(TSLA.US) $Direxion Daily TSLA Bull 2X Shares(TSLL.US)
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