TSLA appear to have a near perfect BAT (or Butterfly) pattern newly formed. The MACD and RSI are just beginning an upswing. I believe TSLA will increase to $250+ tomorrow or later this week, after being slammed fairly hard today.
Seems like the indicators as I interpret them show a nice rebound shaping up.....Fast stochastic also at bottom of cycle.
black line in future is where I think the stock is headed, couldn't find an arrow point, so that will have to do.
Please comment or critique, this is my first idea that I chose to publish, so sorry if I butcher the appropriate terminology. Also neophyte to trading.
thanks so much for reading/viewing,
Darin in CA.
Seems like the indicators as I interpret them show a nice rebound shaping up.....Fast stochastic also at bottom of cycle.
black line in future is where I think the stock is headed, couldn't find an arrow point, so that will have to do.
Please comment or critique, this is my first idea that I chose to publish, so sorry if I butcher the appropriate terminology. Also neophyte to trading.
thanks so much for reading/viewing,
Darin in CA.