Tesla is poised to go up in the short term but with diminishing volume on these greens, and now with 3T Treasury ask, I'm sure the balance sheets look even more enticing.
My view, if you want to buy a short term call, go for it. I'd be looking for an entry upon break of the neckline, as I believe this will go down. Fairly simple view, works with timelines (SEC investigation pending?) and more.
Let me know your thoughts!
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Mind this is on the Daily Chart. 4hour looks more ominous to me. Squeeze Momentum indicator slope is gradually increasing, keep an eye on this one.
Also: act.webull.com/i/71KImZkP3BaI/bem/ Please use my referral link if signing up for a WeBull account. Would be helpful! I will provide more of these as time goes on.
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bounced off 10 day MA today but this could be the right shoulder