GregFolin

Beware the "Evening Star" Potential for $TSLA

NASDAQ:TSLA   Tesla
TSLA has been a legendary mover in the market over the past couple months, harkening back to the heady days of the late 1990's in a QCOM style parabolic freak show.

But longs need to take heed after Tuesday's peculiar bar formation came into place into the close. A gap to the downside on Wednesday will produce a type-specimen "Evening Star" candlestick topping formation in TSLA.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.