Kereskedési feltételek
Products
Eszkozok
Tesla stock continued higher to test resistance at 654 a bit over the expected target at 605, but still we had a pretty good idea that a top was nearby and more downside pressure in the weeks to come shouldn't come a surprise to anybody. Here we only have the 4-hour chart, but the longer the timeframe the larger the negative divergence become, clearly a strong sign of a possible top being close at hand.
We will be looking for a decline to at least 418, but it could be a lot deeper than that.
All trends eventually runs out of power and Tesla's seem to have lost its power.
InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.