dman103

Convergenting triangle in Tesla

dman103 Updated   
NASDAQ:TSLA   Tesla
There is a convergenting triangle.
If breaking LOWER triangle line, Tesla will drop a bit more.
Breaking the TOP triangle line is a a sign that tesla will probably going to test it's all time HIGH at 500!
Round numbers are known to be hard to break.

After good reports, chance for a bounce to test around 455-460.
Comment:
TESLA starts to move to 455-460, stronger than the market.
Comment:
TESLA did break the bottom yellow triangle... Nice profit could be made at that break point of 425.

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