TSLA: Potential drop to test the bottom of the flag pattern! Short

Tesla, Inc.NASDAQ

Description

⋅ Apr 23, 2021 10:21 AM

The price for TSLA seems like is forming a
bearish flag pattern now.
It has resistance at the $790 level which
coincides with the top of the flag pattern.
THe price can drop lower to test the bottom!

Comments

jojofang0901

⋅ Apr 23, 2021 2:25 PM

interesting :) thx for the heads up

camurmusic

⋅ Apr 23, 2021 1:54 PM

Making the flag's final destination around 350-370 zone if that support line is broken

Mahtab_Tradia

⋅ Apr 25, 2021 5:29 PM

Amazing work as usual!

ReedusFeleedus

⋅ Apr 24, 2021 12:00 PM

Couldnt this be a double bottom with the current fall being a pull back which launches it BACK UP

Acwood

⋅ Apr 24, 2021 4:07 AM

Could it possibly be a wedge forming from the previous highs? This would be a bullish set up.

SignalProvider

⋅ Apr 23, 2021 9:12 PM

I would be selling from this support
Well done!

KlejdiCuni

⋅ Apr 23, 2021 11:32 AM

Nice one! Yes that might be an option:) Thanks