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OK I'll bite.
Coulda shoulda woulda .
It's a lousy chart for any company.
But on the short term you can print money quite easily with Tesla, most days.
The price is mostly determined by bots - algorithmic trading, like any stock. So it does what they all do. There's a magnetic- like effect at particular "levels" . The price tends to go fo a previous one, and bounce off, or flip to the other side of it. So you can guess where the price is going. So you bet on it. Then you wait amd see ithe level which used to be "resistance" ( to going up) becomes "support" against dropping.
WHen the market is generally rising, or when Elon gurns at Trump, it's likely to start by going upstairs. If Trump gurns at Elon, it can go several levels.
See how the same levels used before, get used again. That can go back years.
The wiggly lines are Moving Averages. You can use those too. The price tends to stay on one side of them, over different timescales.
That was a 4h = 4 hours per candle, chart.
Closer in on a 5 minute you cover 3 days:
Then within one day, 1 min candles,, same thing with those levels and new ones:
You get todays's levels from November last year, with better charts than the ones that come with this broker.
Or a few days ago:
There are several "highs" at around that 250 level (round number, adds weight) so it'll take a lot of pressure to go higher. More likely to drop to 247.60 or 244.34 if there's no particular driver. Only 1% so hardly attractive, but it's 5% if you're "leveraged". If it heads to that 232.5 -236.50 level ( which I didn't put lines on carefully enough) though, that's 4.5% , = 22.5% leveraged. Coupla grand on 10k, say.
Be ready, but don't act on anticipation. If it don't move, don't do anything, innit, go somewhere else.
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