Could Tesla slip to its 200 EMA level? Answer: Yes, Of course, it could!
Based on the 2 previous major corrections tesla had experienced in 2018 (when there was no pandemic), and the correction it experienced in early 2020 due to pandemic. During the 2018 major correction, tesla slipped 43% in 105 trading days and crossed below its 200 EMA, and in the 2020 correction tesla slipped 38% in 34 trading days.
So far Tesla has slipped 31% in 20 trading days, which means the correction in nature is pretty similar to the last 2 major corrections if it is not worse than them..!
Q: Would Tesla go down to touch its 200 EMA? Answer: we have to wait and see!!!
Moshkelgosha
Based on the 2 previous major corrections tesla had experienced in 2018 (when there was no pandemic), and the correction it experienced in early 2020 due to pandemic. During the 2018 major correction, tesla slipped 43% in 105 trading days and crossed below its 200 EMA, and in the 2020 correction tesla slipped 38% in 34 trading days.
So far Tesla has slipped 31% in 20 trading days, which means the correction in nature is pretty similar to the last 2 major corrections if it is not worse than them..!
Q: Would Tesla go down to touch its 200 EMA? Answer: we have to wait and see!!!
Moshkelgosha
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Use the following link to access trading ideas: patreon.com/SniperTraderStocks?utm_medium=unknown&utm_source=join_link&utm_campaign=creatorshare_creator&utm_content=copyLink
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Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.