If TSLA's yet to complete Ascending Triangle (AT) pattern forms, we should see TSLA going up around $100ish, after a struggle around current resistance to $228ish.
From the time the AT pattern completes it should take half the time to run to add another $100.
1) AT pattern is yet to form.
2) Target of AT pattern is coinciding with the resistance at around $300ish.
3) Trend line resistance is also approximately coinciding with the horizontal resistance at $295ish.
PS: I am new to Technical Analysis (TA) and I am publishing this idea as I learn. This is not an investment advice. Please share your constrictive comments to help improve my technical analysis.
From the time the AT pattern completes it should take half the time to run to add another $100.
1) AT pattern is yet to form.
2) Target of AT pattern is coinciding with the resistance at around $300ish.
3) Trend line resistance is also approximately coinciding with the horizontal resistance at $295ish.
PS: I am new to Technical Analysis (TA) and I am publishing this idea as I learn. This is not an investment advice. Please share your constrictive comments to help improve my technical analysis.