Please see my previous posts, TSLA has hit my price target of 140, exactly as I predicted.
From here, Im predicting a return move to 150-160 and a drop back down to my next price target of about $100.
Best Regards,
Gio
I called this pattern out on Nov 21st, and it is going exactly as planned. See my previous post.
On Nov 21st I had a price target of around 140.90, which TSLA is on track to hit. Why?
Well on November 7th, TSLA broke a significant support line around $200 (Thick red line), initiating a H&S pattern. It fell to 179 and tried to return to this major support line...
NASDAQ:TSLA
Tesla formed a definitive Heads & Shoulders Pattern. Extremely Visible on the monthly chart (marked by the thick red line and green triangles).
Today, tesla broke 2 major support lines (bottom light blue line & first orange line).
After a potential return move to 170ish I have a price target of 140.71 (second orange line)
I have had puts on tesla...
Hey Trading View,
Wanted to get your thoughts on my analysis of Boeing. I see a double top pattern confirmed by the violation of the previous support line (line B) on a closing basis.
The orange line is my minimum target measured by the the height of the top point (A) to the breakdown point (B).
