Tesla Trend Break
Image Source: Unsplash
Well, it finally happened. Tesla (TSLA) broke above its long-term resistance line. In addition, I think there are a makings of an inverted H&S pattern here, which is bullish. Since a certain someone in my life has a ton of this stock, I celebrate the news.
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Here’s the longer-term view. I suspect the psychologically-important $300 level will be beckoning at this point and should be easily achieved this year.
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I tilt to the bearish side. Slope of Hope is not, and has never been, a provider of investment advice. So I take absolutely no responsibility for the losses – – or any credit ...
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