$TSLA #TSLA Mid Term Forecast: 22.05.2021

TSLA is possibly falling further down: to 320 or even to 200. It formed a bearish weekly 8/20 EMA cross and the price was strongly rejected at the daily 200 MA and daily 8 EMA.

Forecast

Weekly
– If the next week closes below 550, expect the lower prices.
– If the next week closes above 600, a bottom is likely in place.

Follow the regular updates in the blog @InvestingAngles or by email subscription.

Previous Forecast:

%d bloggers like this: