Tesla has formed two bullish patterns! One is the ascending triangle, which is the same as before, and now we have an ascending flag with a hidden ascending divergence (+ HD)! These signals indicate that the price can continue to move upwards and complete the 5 Elliott wave.
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea . Have a nice day and Good luck.
This isn't a good TA analysis, it is predicting and not how TA should be used. There are a lot of TA signs (actually more) that indicate TSLA will go down. The fact that this isn't seen, highlighted and shown says this TA view falls into the trap of reading into the TA what you want to happen rather than letting the TA speak for itself. There is a saying in trading, "A trend is your friend until the end."
KingMidas963
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@trader999999, Wow.. Couldn't have said it better myself. We are in the business of building evidence, not predicting!
Egidello
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@trader999999,
Which signs indicate that Tesla will gobdown?
blakewhite
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thanks for all your hard work with the labels etc
CobraVanguard
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@blakewhite, Good luck dear! appreciate your support