Tesla recently broke out of a long consolidation and is now basing above the prior ATHs. Volume is declining, which should continue until we get a number of below average volume days.
Given the next catalyst is likely the Q4 deliveries number to be released probably January 3, 2022, it's likely that TSLA consolidates and tightens up until then. I expect a beat on deliveries which will trigger the next leg up.
Given the next catalyst is likely the Q4 deliveries number to be released probably January 3, 2022, it's likely that TSLA consolidates and tightens up until then. I expect a beat on deliveries which will trigger the next leg up.