MickeyStark

Pennant Triangle on Tesla Motors

Long
NASDAQ:TSLA   Tesla
TSLA, Inc has been maintaining a range after attaining a high of $880 . But gradually the range is shrinking in the form of a pennant triangle breakout pattern. It broke the resistance of this triangle, July 30 and made a sharp retest as normal, August 21 and so ready to continue it's rally to the $880
Level and possibly continue higher.
What do you guys think?

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.