TSLA: TSLA managed to find support at 930! But still risk to close to gap at 910! Moving into rebound zones!

TSLA: TSLA managed to find support at 930! But still risk to close to gap at 910! Moving into rebound zones! TSLA managed to rebound from the 931 cloud chart standard line on the weekly and this is a key support zone! So far so good. Will see if the 930 cloud chart support will last!

Looking at the daily cloud chart, there is downside risk towards the 910 level where the gap will can close in the price. Now since price action is below the bottom end of the cloud it is bearish. There are swing trade possibilities from the range between 910 and 931 back up to the bottom end of the cloud!

Looking at the 4 hour chart, there downside risk towards the gap closure level of 910, with risk to the 891 zone. But this range between 910 and 931 could make for a potential rebound trading range as a swing trade back up to the bottom end of the cloud back up towards 1050 zones! Conservative traders can wait for the MACD and or cloud chart buy signal depending on risk profile.

Looking at the short-term point and figure chart that 930 downside target was met and TSLA managed to rebound from the point and figure trend line support zone! If support at these levels hold then we can see a more sustained reversal in price and then a new rebound rally from this trend line support zone!