Tesla May Be Forming a New Structure
Mis à jour
Bonkers! The beautiful wedge I have been pointing out on Tesla has now been rendered incredible by the last few days' moves. As a result of that price action, it may now be forming a rising broadening pattern. This is still a bearish pattern, especially given that we are at the top of the range. It is essentially a rising wedge, just a very volatile one.
I still expect this to fall precipitously at some point soon.
I still expect this to fall precipitously at some point soon.
Commentaire
Also, to highlight the severe instability, let me point out this dramatic RSI bearish divergence as well:
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.