Tesla – Weekly Analysis

On October 17, Tesla offered investors the full Roadster experience — just without the Roadster. The stock opened more than 2% above yesterday’s close, then finished more than 2% below yesterday’s level. Quite a ride, especially for anyone who thought the opening gap was the beginning of something cheerful. Apparently, the market was not overly impressed by all the bells and whistles. At some point, one starts to wonder whether most people simply want a car that gets them from point A to point B — not a rolling medical laboratory checking your pulse, monitoring your mood, and perhaps reminding you that your cholesterol could be better. Jokes aside, a session like this usually leaves technical fingerprints, and Tesla has been rather generous with those lately. So let’s see what the charts think of today’s performance. First pit stop: the Rosoku Desk. CANDLES & TA The candle map is now…