Tesla
Long

Cup and handle formation on Tesla

By Nathan888
Tesla has recently been in the news with there new trucks. Traders are taking there profits and are closing positions. Right now there is a reverse cup and handle formation evolving. When looking at the MACD and the Stochastic there is a light confirmation.
Keep an eye out on this one, to go for a long position.
chartChart PatternsformationTechnical IndicatorsLONGlongsetupteslateslamotorsTrend Analysis

Disclaimer