Looking for a test of 258-260 in the next two weeks. Tsla may try and test the gap resistance at 281, but I don't think it breaks above it.
XLY , which is the tsla sector also has gap resistance at 175.. that gap resistance on XLY and tsla are connected.
Support /Targets
270
266
258
If TSLA breaks back below 258, 242 is next up.
Stop loss 282
The blue lines on my chart represent 2 patterns.
The first pattern Was the pennant Tesla broke out of the pushed it to resistance.
The second pattern is a tight rising wedge that will bring tsla back to 260
XLY , which is the tsla sector also has gap resistance at 175.. that gap resistance on XLY and tsla are connected.
Support /Targets
270
266
258
If TSLA breaks back below 258, 242 is next up.
Stop loss 282
The blue lines on my chart represent 2 patterns.
The first pattern Was the pennant Tesla broke out of the pushed it to resistance.
The second pattern is a tight rising wedge that will bring tsla back to 260