tawautrader

TESLA INC

Long
BATS:TSLA   Tesla
tesla has been breaking the resistance of the down trendline since 12 june, and remain on the upper side for at least 18 weeks, creating a symmetrical pattern which will end up creating an explosive move at the end of the compressed price, probably price will continue on the long side or alternate scenario will break short.

if you wanna ride this pattern, make sure wait for a clear breakout and wait for pullback to confirm the move to enter,

im still bullish bias on this given that the cross moving average and price is still respecting the MA

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