TESLA: About To Take A Correction, Same Pattern Repeat?
Traders, Tesla is a mighty stock and has seen tremendous growth this year. As the year 2020 is about to end, we ask ourselves about the next move of this stock. The stock is in a bull trend but has also been forming repeatable patterns.
It is right now at a point where it can take correction again after completing a pattern which occurred last time too. This may or may not happen immediately or may not happen at all so we will definitely need to wait for a confirmation before we place any trades. Watch out for 18-21 Dec period on SnP500 and Tesla.
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Take care and trade well
-Vik
____________________________________________________
📌 DISCLAIMER
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only.
Not a financial advice or signal. Please make your own independent investment decisions.
____________________________________________________
It is right now at a point where it can take correction again after completing a pattern which occurred last time too. This may or may not happen immediately or may not happen at all so we will definitely need to wait for a confirmation before we place any trades. Watch out for 18-21 Dec period on SnP500 and Tesla.
✅ Follow me for future ideas, trade set ups and the updates of this analysis
✅ Don't hesitate to share your ideas, comments, opinions and questions.
✅ If you found this idea useful, hit the like button, subscribe and share it in other trading forums.
Take care and trade well
-Vik
____________________________________________________
📌 DISCLAIMER
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only.
Not a financial advice or signal. Please make your own independent investment decisions.
____________________________________________________
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