TSLA - Head and shoulders top? or Bull flag?
Updated
Both could be true
A bear rally could stay within the channel and bump up underneath the (alleged) neckline at around ~$230
Would not consider buying TSLA until a clear break of the yellow trendline
will follow up with a shorter time frame if the yellow line is broken with an more in depth view, like a 4 hour time frame
A bear rally could stay within the channel and bump up underneath the (alleged) neckline at around ~$230
Would not consider buying TSLA until a clear break of the yellow trendline
will follow up with a shorter time frame if the yellow line is broken with an more in depth view, like a 4 hour time frame
Note
a break of the channel to the downside could see support at ~$130 range and a short opportunityNote
Well the neckline has broken, channel has broken, and price is nose diving through that initial support i was expecting at $130. Rest of thought on chart
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