Since trend break occured we created a symtrical triangle below that broke down targeting 240 Tesla is almost as the first support area that seems to have the most confluence. Looking to see Tesla start to see buyers coming in here soon
I’m looking at this 240 as a logically area for a bounce back up. Overall could start to look like a head and shoulders pattern if we pop up and make the right shoulder but still early to say. I think starting to nibble 240 with stops below 238 should be a decent trade attempt up towards 260
I’m looking at this 240 as a logically area for a bounce back up. Overall could start to look like a head and shoulders pattern if we pop up and make the right shoulder but still early to say. I think starting to nibble 240 with stops below 238 should be a decent trade attempt up towards 260