User: Violet: Tech: slopechart_TSLA.jpg

slopechart_TSLA.jpg

TSLA - A fourth consecutive, today's doji lies in the middle of the Ichimoku Cloud.  
Orange oval: This is the 3ema crossing below the 10ema. (What Morrise uses to be long.) 
The double top on 4Oct marks the 3ema's backtest of the 2Oct breakdown (3ema below 10ema). The next day price, breaks support of the red dotted uptrend from the August low. 
Filling the upper gap won't make this chart bullish.  
TSLA is considered to be strugging until it breaches the upper blue trendline.

Image added via SlopeCharts
slopechart_TSLA.jpg

Comments

VioletViolet
10/16/24
VioletViolet
To be clear: Morrise uses the 3EMA crossing above the 10EMA as signal for long. 10/16/24
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