Tesla has been trading below 200 MA for good period of time & has formed Bearish Pennant price action pattern which indicates a Bearish continuation trend signal. Using Fibonacci we also plotted that, Tesla is not able to break its 50% retracement level which infact is exactly at the price level where 200MA is standing. It’s a double & strong reversal sign. Also...
Trying to understand graphs, saw the intrapped triangle that will, that when it evened out it shot up,2 fold. I am an FNG but when you put stuff in a graph and it looks this good, thought i would post and get opinions. so new high will be around $3.64
