Triangle
Greetings
Here is Tesla on the day chart.
Please observe the HH and HL being formed.
Please observe the ascending triangle.
If price breaks downward there will be a change of character, puting a halt to the uptrend , if it breaks above it, it will continue the uptrend, if neither the price will consolidate into another consolidation pattern.
Please observe the healthy SRSI and RSI readings.
Have a great day
Here is Tesla on the day chart.
Please observe the HH and HL being formed.
Please observe the ascending triangle.
If price breaks downward there will be a change of character, puting a halt to the uptrend , if it breaks above it, it will continue the uptrend, if neither the price will consolidate into another consolidation pattern.
Please observe the healthy SRSI and RSI readings.
Have a great day
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