$tsla - bullish pennant, pitchfork confirmation for a move up

doesn't take a genius to know they were holding this down pre-earnings.

i don't use pitchforks much, but the pitchfork was confirm last week & the length of the flagpole on the pennant aligns perfectly with the top of the pitchfork line.

4 hour chart bullish indicators:
- consolidation within the bullish pennant
- hidden bullish divergence
- bounced perfectly off 50ma last week
- macd buy signal incoming

other bullish indicators:
- over 885, clear skies.. 1K+ can be easily seen
- declining volume, higher high on daily
- bullish harami candle on weekly


at the end of the the day this could all go downhill if earnings go bad.

good luck!

Comentário:

correction: higher low** on the daily*

Comentário:

ah, what a winner this morning. i expect a bigger move into earnings.