Seeing a descending wedge on TSLA forming. Here are 3 scenarios I am looking for:
1. It bounced off the 50 day moving average and has to break past the descending wedge resistance at about $815 and stay above for it to climb
2. It gets rejected at $815 and goes back down to the 100 Day Moving average, where it consolidates and makes up its mind
3. It breaks down...