ArShevelev

TESLA market structure, prior Earnings breakout

NASDAQ:TSLA   Tesla
TSLA stock price consolidating and looks like there are some reasonable slowdown of price action prior Earnings report in mid October.

Check out chart to see rising support and resistance at 313. This zone will determine further price action.
I think if Earnings come back negative - price will chop down to lowish levels. Visa versa for positive Earnings - breakout of 313 resistance will bring prices up to upper range.

Best regards
Artem Shevelev

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