SUMMARY
Here is the weekly MACD of Tesla (TSLA). Is this the best time to be buying or aggressively selling out of feat that the bottom will fall out? The 12 week (white) moving average line is curling upwards and is likely to soon cross the 26 week moving average line (red). This would give an attractive buy confirmation!
So, combined with the price pattern which is a channel; the MACD is showing that the there is a price turnup approaching. Perhaps the price needs to touch the lower bottom trendline first. This is why laddering in one's entry to me is the most ideal buying process!
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