TradingView
Matewan3291
Dec 5, 2018 4:34 PM

$Tsla Megaphone Top Short

Tesla, Inc.NASDAQ

Description

Tesla is playing perfectly into a broadening megaphone top
1. 3 successively higher peaks (Last one is in the making)
2. 2 successively lower troughs (Already formed)
3. Often occurs at the end of a major bull market (as we are in)

The ONLY thing missing is the expanding volume upon the swings, but I see enough to believe a major topple comes after this last peak is formed.
Confirmed upon violation of the 2nd trough downward
More