tjdean01

Tesla Wedge Pattern - Bearish Prediction

BATS:TSLA   Tesla
The down sloping blue trend line is the top of a parallel and has never been broken. The thick orange up sloping trendline has been broken recently and I feel is weaker than the blue. The way I have the price prediction climbing up thin up sloping orange trend line probably won't go so steep but I was having trouble with the tool on the small phone screen 🥴 Long story short, if the price is below the convergence of the 2 thick trend lines, I think it's going to take a pretty substantial dump. Personally I think it will pierce the blue line and that is where I will short.

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