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Tesla

TSLA Re-Accumulation or Distribution?

By Black_Sheep1
Updated
Re-Accumulation or Final Phase of Distribution with *UT - Failure to close above 200? We will find out soon.

I am still Bearish but this will be interesting...
Note
Reaccumulating is in Play - be careful if Monday we wick off the 198 - break through 200 and close above will confirm Bullish Momentum *** note *** I am more bearish than bullish right now - I believe TSLA will have a false break to the upside. I will still hold my positions but rejection of 198 or 200 with immediate re-enter into current trading range will be bearish. only a strong break with volume and close above 200 ..especially 208 will confirm bullish trend for me. good luck!
Beyond Technical AnalysisChart PatternsTrend AnalysisTesla Motors (TSLA)wyckoffwyckoffaccumulationwyckoffdistributionwyckoffreaccumulation
Black_Sheep1

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