Tesla Top-Down AnalysisTesla is forming a symmetrical triangle that is bilateral that can be broken on either side.
However, our red trendlines are not valid yet.
So we are waiting for a new swing high to form around the upper red trendline to consider it valid and enter on its break upward.
Or we are waiting for a new swing low to form around the lower red trendline to consider it valid and enter on its break downward.
By break: we mean a candle close.
Good luck!
