Big week this week for $TSLA, on 10/10 they are due to release information on their FSD capabilities, it is unclear how much is going to be revealed at this event or if a working prototype will be available but there is certainly a lot of anticipation building for this date.
We can see clearly on the chart that the pull back this week was simply just a retest of the 200 WMA from above, this is very good to see before an event like this
So the market is saying:
If this event is a success, we will send this higher and to new 52 Week highs
If this is an unsuccessful event then the 200WMA is unlikely to hold and a retest of the wedge can be next.
Big week coming up.