Tesla Stocks has formed a Rising wedge pattern! This Bearish Pattern might be able to Decrease The Price soon! no break out has happened yet so there are no confirmations but there is a Regular Bearish Divergence (-RD) on MACD which means the chance of a Bearish Movement is Pretty high! If the bearish Movement happens, the Price can Decrease to the bottom of the wedge pattern which is also a Strong support level around 628$!
summery: -Tesla stocks are in a Rising wedge! -(-RD) on MACD -no break out , no confirmation! -This Bearish Pattern can Decrease the price to 628$
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