TSLA - Inverse Head and Shoulders on Weekly Chart.
Updated
TSLA Tesla looks ready to finally break its falling trend. On the weekly chart, I see an inverse head and shoulders pattern form completed. If it manages to break the trend and stays above it for a few days or a week, I expect a strong upward movement from the volume shelf launch pad ramp. However, in a possible correction, my first target will be back to the $200 level.Trade active
Hey everyone, the price has dropped by about 10% on the lower strong volume shelf since I posted that idea. I'm still bullish on Tesla and will wait to see the Robotaxi event.
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