Short
Weekly:- Rally & Slight Down
Events:-
- COVID-19
- Battery Day (Which likely will extend due to Covid-19)
- US Factory & Giga Factory stopped production (which simply means no sales)
- Tariff (Might and might not impact)
Based on the events above while the pricing are still topping, the only explanation are the investors still having strong faith & trust on holding up the shares. Only when shit hit the fans we will see huge sliding. However, there should be slight down from the chart based on the trend it will be.
Till the outbreak it is, we will be able to tell the chart heading up or down.
Trend
Next Resistance:- 865
Next Support:- 795
- COVID-19
- Battery Day (Which likely will extend due to Covid-19)
- US Factory & Giga Factory stopped production (which simply means no sales)
- Tariff (Might and might not impact)
Based on the events above while the pricing are still topping, the only explanation are the investors still having strong faith & trust on holding up the shares. Only when shit hit the fans we will see huge sliding. However, there should be slight down from the chart based on the trend it will be.
Till the outbreak it is, we will be able to tell the chart heading up or down.
Trend
Next Resistance:- 865
Next Support:- 795
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.