michaeldobfx

Tesla - Bearish bear flag

Short
NASDAQ:TSLA   TESLA INC
In contrary to my other post which pointed out a bullish pennant , there is also a bear flag forming on the daily chart . This does not look good for bulls since if there is a break below the flag, it may turn nasty. Hence, it is better wait out before impulsively buying solely on the bullish pennant .

Note: Not financial advice. I bring the evidence, you be the judge and jury (always do your own research).

Comments

Price has moved down correctively within its range. I think you might be in for a suprise. ✌🏻
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