TF: 3D
A head and shoulders pattern is forming on higher timeframes for TSLA. If the formation plays out, a drop to around $100 may occur.
A head and shoulders pattern is forming on higher timeframes for TSLA. If the formation plays out, a drop to around $100 may occur.
Note
Price reached the target around $100. Price should move higher for a correction. I still think TSLA could make another leg lower to sub $100 after this correctionNote
See what 2024 has to offer:Note
Got a bounce around $175 where the arrow was at. Never got a short erm bounce around $200, might see a little upside from the $175 area..could be corrective Note
If price can continue to reject below $200, I think sub $100 over the next several months has a high probability:
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.