TSLA is approaching closer to a major Trend change
TSLA has been pretty much a range bound all day, today. Looking at the chart seems like there is not much room for it to move until some major catalyst comes into place. There has been a debate going on where folks are against Elon's pay increase.
At the lower time frame it looks bearish as the Head and Shoulder pattern appears to be formed. However at the large time frame, Inverse Head and Shoulder is on the way. The downtrend might help to complete the missing right shoulder on charts before TSLA jumps up again
At the lower time frame it looks bearish as the Head and Shoulder pattern appears to be formed. However at the large time frame, Inverse Head and Shoulder is on the way. The downtrend might help to complete the missing right shoulder on charts before TSLA jumps up again
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