Hey Traders,
As you can see on the Daily Line Chart of Tesla (TSLA). The price action has formed a Descending Broadening Megaphone/ Wedge which is a Bullish Pattern. Now in fundamental terms, I think this is impossible at the moment because Tesla already has such a big market cap but in technical terms, this looks like it could happen. Tesla is a company mainly...
I'm expecting a great 2021 for TSLA overall, regardless of what investors and traders decide. I've drawn a premature triangle representing the region between two levels which I believe are crucial support and likely resistance for the next month and a half. The resistance I based on multiple different Fibonacci extensions drawn out from multiple swings. The...
