This chart is not accurate by any means but I woke up this morning feeling the need to play around and chart something. So while looking at the charts I noticed an interesting patter on the monthly chart.
TSLA
looks like its in a channel and whats particularly interesting is how bounces off the channels support and resistance at least twice before it range bounds. I might be wrong but it seems to me like it is following a structured pattern. I will like to see how this will play out over the next few months. I will visit this most in a few months from now but I honestly feel like Tesla still has some room to go. Knowing this, I will be looking to find good entries on the lower time frame.
TSLA
looks like its in a channel and whats particularly interesting is how bounces off the channels support and resistance at least twice before it range bounds. I might be wrong but it seems to me like it is following a structured pattern. I will like to see how this will play out over the next few months. I will visit this most in a few months from now but I honestly feel like Tesla still has some room to go. Knowing this, I will be looking to find good entries on the lower time frame.
Comentarios:
At this point, there is a strong potential that people might get hurt. I understand that Tesla has a cult following buy the these charts need to prove me wrong. Im very interested in how this month will close out - above or below the channel. Time will tell
SegantAD
$TSLA #Tesla #TSLA