NASDAQ:TSLA After hitting multi year resistance line now in a consolidation mode. As per the pattern history will go for long consolidation before breakout? Educational purpose analysis not a reco! DYOR!
Breakout Failure on top.
The chart structure is shifting towards consolidation and test of supports.
Sustaining and closing below 601 in the coming weeks may well take Tesla to break the low of 546 & then proceed to achieve 450-36 to 420 range.
The Down move scenario gets invalidated on successive closing above 670