Big move coming when $TSLA wakes up for NASDAQ:TSLA by ashainp

supportandresistance wedgepattern growth tsla elonmusk autonomous selfdriving techstocks arkk innovation tesla disruptive

TA,
- Volatility contraction pattern(VCP)
- Volatility reducing= Supply drying up(see previous 2 instances). 35% drop followed up by a 24% drop and the latest, a 9% drop.
- Short term trend breakout but lacked sufficient volume
- Trendline support
-Oversold for Tesla standards
-Longer it consolidates, more explosive the move
-RS improving

FA,
- Read Elon's book

Entry : Break of 462 for a trade /Now for long term

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.