SHORT: TESLA - POSSIBLE DOUBLE TOP FORMATION IN PROCESSUICKLY FR
TSLA has swiftly moved up from the spring earnings call low of ~180 to it's current all time high (~265); an $85 or ~ 50% move. The quick move and continuous analyst upgrades has been pushing the stock up at the top without a real breakthrough. It is time for it to take a break as it is exhausted; it just formed a shooting star at the second top and we are waiting for the confirmation.
32no
Could also be a cup and handle...
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mazdaki
PRO
32no
Sorry, that was true. but this is the hardest stock to trade in general. Look at the action now and we may be in the retraction phase of the 12345abc elliot wave on the weekly chart is so we are heading back to 175 in two large drops,
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