TSLA might reverse soon from its long-term downtrend

Pre-markets indicate a positive open for TSLA stock, which might signal further upside potential at these levels, being close to cross its 100 day SMA and critical resistance at the 247.78 price level. CCI is currently strong at the 159 level, accompanied with a positive CMF. We will be waiting for strong Volume to confirm price action, before initiating a long position.

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