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TSLA formed a symmetrical triangle in the daily chart , needs a breakout.
It is making higher highs absorbing all the supply and it is likely that
we will see an upside breakout soon.
It is making higher highs absorbing all the supply and it is likely that
we will see an upside breakout soon.
Comments
Due to symmetrical triangle formation, it has the potential to move either way. But the odds are in favour of an upside breakout
but now it depends on the market condition. If the market resumes the upward journey it is more likely that we will see an upside breakout in TSLA.