TESLA is completing an inverted head and shoulder on the weekly time frame but there is also the possibility of forming a bull flag if the head and shoulder pattern is invalidated due to the presence of two dynamic resistance and the neckline. Whichever of the two patterns plays out should give a buy opportunity at the marked areas.
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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.