Tesla has confirmed to be in a descending broadening wedge. A push above the resistance line will likely result in a major uplift and new all time high. The likeliness that this is a reversal pattern of the current downtrend is around 80% (if the resistance is broken) as per statistics of descending broadening wedges.
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.