TSLA To The Moon?
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Tesla has had an amazinf rally in recent sessions.
We are now into major resistance. Hitting the weekly 200 MA
Hitting major downsloping trendline.
If we break this trendline a major bullish pattern is on watch. A weekly inverse head and shoulder pattern that could yield a 100% return.
If we reject here, a major bear pattern could take hold.
This level is so fascinating as it hinges on a major business milestone approaching in August.
The ROBOTAXI could be a game changer! Buy the rumour sell the news?
We are now into major resistance. Hitting the weekly 200 MA
Hitting major downsloping trendline.
If we break this trendline a major bullish pattern is on watch. A weekly inverse head and shoulder pattern that could yield a 100% return.
If we reject here, a major bear pattern could take hold.
This level is so fascinating as it hinges on a major business milestone approaching in August.
The ROBOTAXI could be a game changer! Buy the rumour sell the news?
Note
A small pullback to $210 would be an awesome opportunity for bulls to defend.
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