$TSLA chart reading - looking at the next two years
Using my own personalized chart notes this an explanation of what i see. Regardless of what method you use the same points of resistance and support are usually found. Im just looking at the geometric layout of the trend lines created by those points and the energy of "belief", how many systems will note this trend, etc. There you can really see any manipulation, which usually occurs based on a new forming trend line, the 2nd to 5th occurrence can become a pivotal point. Once points occur there begins to be an apex of non change. This forms a spoke, on powerful trend line convergence. It almost acts like a wheel with change in notable degrees of the trend line seperation.
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