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 twice, failing each time.
Today it broke 2 significant support lines the bottom thick blue line and second orange line at ~$166.
My price target is still 140.9
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 twice, failing each time.
Today it broke 2 significant support lines the bottom thick blue line and second orange line at ~$166.
My price target is still 140.9
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.