Long

Tesla wyckoff phase D ending soon

Updated

Tesla has been in the wyckoff accumilation phase for the entire year and will probably finally break out from phase D when gigafactory Berlin opens in late September or early October which means that the 2nd resistance at 738 will be shattered and phase E can at last occure and cause the markup to happen. Based on the inverse head and shoulders pattern Tesla could very much head to $1200 or more before any reaccumilation takes place to later when gigafactory Texas opens take the stock price to $1600-1800.

Please feel free to comment any thoughts!
This is not financial advice so please be carefull with your tendies!

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Seems like the phase D triangle is going to appear higher up at around $850-$780.

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The triangle before phase E should form now.

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Triangel is forming

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Phase E is here. Time to buy!??!

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