$TSLA trying to break out after ~3mo consolidation
After touching the long-term downtrend resistance in early June and consolidating for 3 months in fairly tight range, it got onto the resistance line again on Friday.
This completed year-long inverted H&S pattern (visible on the weekly chart).
Climbing and staying above $37 or falling bellow $29 should bring major move. Let's see what's next.
This completed year-long inverted H&S pattern (visible on the weekly chart).
Climbing and staying above $37 or falling bellow $29 should bring major move. Let's see what's next.