If it replicates the trend of 488 tonight, it will hit a low point. Currently, 381 is also a key level on the chart. The oversold condition is severe in the short term. If 381 is not broken during the session, a rebound could start at any moment.
$Tesla(TSLA.US) After peaking at 488, it adjusted for 9 trading days and bottomed out in the short term, starting a 10-day escape wave. Similarly, today is the 9th day of adjustment after peaking at 474. Will history repeat itself? The answer will be revealed tonight.
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