TeslaLong
Double Ascending Triangle Pattern
Tsla has formed a descending triangle within a larger descending triangle with the following retrace back to the upper bound of the small triangle before the target at $288 right before earnings. Technicals look good and ready for a move up over the next week or two. However, be aware of extreme volatility surrounding earnings particularly with investors using a strong earning to exit their positions.
Note: The larger triangle was added to my previous analysis on TSLA a few days ago below
Note: The larger triangle was added to my previous analysis on TSLA a few days ago below
Disclaimer
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.