Higher lows before a breakout?

Tesla, Inc.NASDAQ

Description

⋅ Apr 6, 2021 1:58 PM

Seems to be rejected near the 4H resistance neckline quite a bit and sloping down. Watching if it can recover above the key s/r area for a bounce if volume picks up. 20EMA is curving nicely over the 50MA but price action is below 200MA. Higher lows.