Everyone had an explanation for red overnight.
If $TSLA holds green, many of those explanations will suddenly change.
That's why I study price, not hindsight narratives.
Every time there's a move, I hear several different reasons why it happened.
The funny thing is there's only one chart.
I'd rather study one chart than chase endless explanations.
$TSLA Current battle zone:
TSLA has now spent 4 consecutive days testing my short-term moving average and 4 consecutive daily closes below it.
Bulls want to reclaim it. Bears want it to remain resistance.
Eventually one side wins.
$TSLA The simplicity of RSI can paint a clear picture:
🔴 Below 50 = bearish bias
⚪ Above 50 = bullish bias
🟡 Above 70 = overheated
TSLA is currently consolidating near RSI 50. Consolidation patterns often develop before the next important move.
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