Escape Velocity For Tesla?
In a prescient post last week (Could Tesla Be Bottoming?), The Market Ear noted things could get exciting forTesla, Inc.(NASDAQ:TSLA) shares in the short term if the stock broke through resistance:
Tesla's Short Term Set Up
The short term chart is showing some sort of inverse head and shoulder formation having formed over the past few months. $190/195 is resistance area. A close above it and things could get short term "dynamic". Note the 50 day has flipped to sloping positive and could be crossing above the 100 day soon.
Source: Refinitiv
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