Whats next for tesla?Because we lost the cup and handle i removed my drawings from last chart.
i am still bullish on tesla, i was still prepared to that drop technically.
it made sense for me that wallstreet investors and hedge funds would like to to buy on low prices after we robot.
i bought me more shares of tesla (i bought at 188 on aug 5 and now at the drop )
and i plan to test resistance and basically hold for value investment because i do believe in the company and everything they do.
The liquidity play was easy for me to identify so im not phased by the drop and i wouldnt be phased by some more panic sellings, on my previous post i showed my plans and my thoughts.
The plan is the plan, the lines are the lines the data is the data.
The double top on the right shoulder should be somewhat concerning to some players but if its to play a retest and a bearish reaction is high probability (fill the gap and nuke) so if we dont have power i will have an exit and protect my capital at profit.
im bullish long term for me this is a swing fail pattern on the daily chart ezpz profits.
if it loses? it aint nothing to a boss give it 10 years i'll do 30x
head and shoulders target is around 400 usd (not changed from the cup and handle)
