Tesla to gain over summer
Updated
I am a new trader so take this with a grain of salt... But i belive there is a large inverse head and shoulders that is ready to break out this summer on the weekly timeframe, i have uploaded my chart. I will be going long next week to the middle of july, this seems to be the pattern it follows every summer.
Note
It seems that there is a strong amount of consolodation in this triangle channel that we are in, seems to be extremely strong support at 174. I think that next week, or the week after, we will see if tsla can break through the resistance of the end of the channel.
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