Would Tesla repeat the same pattern again?
Updated
This chart is not accurate by any means but I woke up this morning feeling the need to play around and chart something. So while looking at the charts I noticed an interesting patter on the monthly chart. 
TSLA looks like its in a channel and whats particularly interesting is how bounces off the channels support and resistance at least twice before it range bounds. I might be wrong but it seems to me like it is following a structured pattern. I will like to see how this will play out over the next few months. I will visit this most in a few months from now but I honestly feel like Tesla still has some room to go. Knowing this, I will be looking to find good entries on the lower time frame.
TSLA looks like its in a channel and whats particularly interesting is how bounces off the channels support and resistance at least twice before it range bounds. I might be wrong but it seems to me like it is following a structured pattern. I will like to see how this will play out over the next few months. I will visit this most in a few months from now but I honestly feel like Tesla still has some room to go. Knowing this, I will be looking to find good entries on the lower time frame.Note
So Tesla is playing according to how I thought it would. That being said, I will provide an update shortly as I’ve spent time monitoring its progress. TSLA #Tesla #TSLANote
At this point, there is a strong potential that people might get hurt. I understand that Tesla has a cult following buy the these charts need to prove me wrong. Im very interested in how this month will close out - above or below the channel. Time will tell
SegantAD
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