/biz/ - Business & Finance

>>22142790
since everyone here is hyped about TSLA, let's look at that.

notice how it basically rejected the 1h EMA(200)? just thought it was interesting. but i guess this is always the difficulty with dips: this is either the perfect buying opportunity from that level, or it's about to crash. still, something for you guys to think about. price has been carried by the 50 for quite some time as well, and that recent spike above the 16x ATR from the EMA(200) presented a pretty good warning side of the impending dump.

i think of it less as "reading the tea leaves" and more as what metrics institutions look at primarily.