MonkeyMotoman

TSLA - break up or break down?

NASDAQ:TSLA   Tesla
as you can see we have a trendline in support from almost 18 months ago, with 6 touches. never closed under this trendline

we have a trendline at the top, 7 months old, with quite a few touches as well, never close above this trendline.

but there is no more space to manouver, this will be decided in the next few weeks.
Comment:
look like its gonna try the up route. but we still have to close the day strong, and there is a minor cluster of resistance around 690/700 to close over as well
Comment:
TSLA indeed is trying to break out to the upside. a close over 700 on daily should confirm.
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