What's up with Tesla (TSLA$)

TSLA$ is in a falling wedge pattern (bullish) and just hit a relevant previous ATH which serves as a support zone. Following could happen in the next couple weeks/months: either we are going to see a bullish formation BO with a retest on the relevant previous ATH (rn still support), which we could use to enter a long-position or the support is going to break, which could lead to a major drop of TSLA$s share price to 542$-600$. The next couple weeks/months will show which case will occur.

No financial advise