The 3 for 1 split in Tesla is going to happen on August 25th and Tesla stock itself is reacting to the news positively. The 5 minute chart has supply zones touched with a 3/4 while also with the sell down yesterday, it landed on a demand zone. The daily chart has actually already ran ahead of the news for quite sometime now and now there might be some profit taking on the daily chart itself. I am waiting for August 25th to see what happens after it split. Who knows it might even drop further for a cheaper price to get in?
