hungry_hippo

TSLA Pennant

BATS:TSLA   Tesla
Looks to me like TSLA is forming a rather large pennant for earnings Oct 18th. I haven't played with the stock in a while, too much random "news", almost once a week with this stock.

Anyways, the targets are last year's bottom or April '22 top depending on which way it breaks. If I had to guess, I'd say it's continuation and goes up. I wasn't really planning on shorting anything the rest of the year anyways, lol.
Comment:
Today's news was China sales figures. Unless you track when these types of data get released, this is a tough stock to trade on a day by day basis.

No position for me.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.