TSLA IHS
Updated
Seems like an inverted head and shoulders is forming on TSLA (1hr)
The left shoulder and pivot price being $680.20
A failure of that support to hold, we might retest lows at 615 (strong support, head) and 600 (psychological level)
If market bounces and we can form a right shoulder at $680 (rejection and support) we could push higher towards 785 (base)
I will be watching price tomorrow and next few sessions. I have no bias.
The left shoulder and pivot price being $680.20
A failure of that support to hold, we might retest lows at 615 (strong support, head) and 600 (psychological level)
If market bounces and we can form a right shoulder at $680 (rejection and support) we could push higher towards 785 (base)
I will be watching price tomorrow and next few sessions. I have no bias.
Trade active
Locking in 3/4 of the position, right rest free
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.