Short

TSLA Falling Three Methods

"Falling three methods" occurs when a downtrend stalls as bears lack the impetus, or conviction, to keep pushing the security's price lower. This leads to a counter move that is often the result of profit taking and, possibly, an attempt by some eager bulls anticipating a reversal.

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Disclaimer

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.