Tesla 2019 Vs 2023 Breakout Comparison

2023년 7월 19일

Tesla 2019 Vs 2023

- Repeat Megaphone pattern?
- Repeat Megaphone breakout?
- Repeat 10% pull back before major move?

If we confidently break through and close above resistance or get a 10% pull back, it could be worth putting in place a position with a stop under resistance or a tighter stop if its the 10% pull back scenario.

We could still revisit the 200 Daily SMA... and we need to be aware of that. That's why you have a stop because the 200 DSMA is idyllic but given the similarities of this pattern, it could play out and it might be worth taking a position SUBJECT TO having a tight stop under the resistance level (once we break above it) or having a tight stop under the 10% decline entry.

It will be interesting to see how this chart plays out. It could hardly be as exponential as 2019? but it could be a nice move.

PUKA

2023년 7월 21일

노트

Tesla UPDATE- TSLA

As predicted in the chart a 10 - 13% pull back from resistance

Will the 2019 fractal repeat? Could the pull back act as spring for price like in 2019?

I personally would relish a revisit of the 200 Day SMA but what are the chances of that now? It will be very interesting to see how next week goes