So I was looking at the TSLA chart and I noticed a pattern happening on the daily and it follows on the 4hr and 1hr charts. I'm not a fortune teller and I'm not a financial advisor just a guy with a Mac and imagination.
So if you look at this chart and I used Green to mark ups and reds to mark downs and I used yellow to mark the falling wedge. it might be nothing and it probably is but it does make me pause and say I wonder...
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So based off the current trend Tesla went up and hit rejection around $1,200 and now is heading down and currently at $1,160. We will see what happens.
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