TSLA
TSLA has been contracting and volume has decreased which can be a good sign. We have to keep in mind that are releasing up to $5 billion dollars worth of shares and have risen more than 500% in 2020.
cnbc.com/2020/09/01/tesla-to-sell-up-to-5-billion-in-stock-amid-rally.html
In my opinion, the fact that the stock is trading within this tight range with a recent split as well as the 5 billion shares is incredible and shows the strength of the stock.
I will plan to add to my position if it breaks out of this wedge.
cnbc.com/2020/09/01/tesla-to-sell-up-to-5-billion-in-stock-amid-rally.html
In my opinion, the fact that the stock is trading within this tight range with a recent split as well as the 5 billion shares is incredible and shows the strength of the stock.
I will plan to add to my position if it breaks out of this wedge.
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