TSLA preparing for its next bull run
TSLA weekly chart has a falling wedge with decreasing volume in the process.
The wedge is falling right into a natural S/R zone, where the 100 sma is also approaching, and there is a fib confluence zone (2 retracements, 1 extension). TSLA earnings date is Feb 18, 2015, which should be in the ballpark of enough time for the pattern to play out.
The wedge is falling right into a natural S/R zone, where the 100 sma is also approaching, and there is a fib confluence zone (2 retracements, 1 extension). TSLA earnings date is Feb 18, 2015, which should be in the ballpark of enough time for the pattern to play out.
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