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learn2trade
Apr 8, 2021 7:23 PM

TSLA Double Bottom Fractal Long

NASDAQ:TSLA1D
Tesla, Inc.NASDAQ

Description

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Last time TSLA was deep below its Daily 50MA and broke above the double-bottom formation, it rose almost 10-fold. A similar fractal has started forming recently as plotted on the chart. Also note the RSI hitting lows at the same time.

Not a financial advice :)
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