Multi-Timeframe analysis: Tesla (May 2021)

Multi-Timeframe Analysis:

Hourly Chart: at the support level of a short-time bullish trend started 12 days ago!(Neutral)

Daily Chart: Bearish Harami and trading below 50EMA (Bearish)

Weekly Chart: Spinning Bottom in a downward regression channel.

Monthly Chart: Flat Bottom (Neutral)

Daily average trading value (YTD): Trading 42% below YTD (money outflow) ( Bearish )

Weekly average trading value: Trading 26% below last trading year average. (money outflow) ( Bearish )

Monthly average trading value: Trading 27 % below last trading year average. (money outflow) ( Bearish )

Conclusion: Complex Correction with unpredictable moves!