In the end of August of 2014, Tesla completed the formation of a cup with a short handle, and within a few trading sessions, catalysts such as the China Unicom charger deal and Stifel's upgrade of TSLA with a price target of $400 caused the stock to break out and confirm the pattern. A similar cup and short handle has formed today ahead of the Model X reveal. TSLA...
Chart speaks for itself.
Play the breakout and price confirmation above $34-35 to reach new high if we consider the recent analyst upgrades and concensus.
WW Pattern is a very reliable chart pattern, many of my previous ideas are based on it
The falling wedge is a bullish pattern that in case of breakout would lead to target along 1-4 line. More details: thepatternsite.com
3 and 4 are not very well defined, that's why I made 3' and 4' scenario.
$LC received an analyst upgrade the 20th May by Morgan and Stanley...
