Today we will talk about an interesting pattern and great opportunity on Tesla.

Tesla can be finishing a big bullish triangle after that slow corrective decline in the last couple of weeks. It came nicely back to the lower line of a triangle range into the final wave E that can act as strong support. So, if we are right and if starts rising back above 295 region, then bulls may take the lead towards all-time highs. In case if drops back below 245 level, then a bullish triangle would be invalidated!

TESLA, DAILY