jangseohee

TSLA, watch out for the neck line

NASDAQ:TSLA   Tesla
Few days ago, i just learn from a trader friend that this is not a Classical H&S because there shouldn't be anything on the left. Hence i call this as Pseudo H&S

Nevertheless, price wants to break the neckline but was rejected twice within a span of 3 trading days as can be seen from the wicked.

A close below 50ema would be an evening star rejection which would translate into a short for me.

P.S.: Always take note of potential false break out to test the slanting resistance, break the resistance to fill some gaps.

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.