$TSLA has now formed an Inverse Head and Shoulders pattern.
Bulls are stepping in to stop the carnage below from happening.
It has just been revealed that Elon now owns 20.5% which is up considerably since his last update. I think this is a good move for $TSLA and Elon, taking back more control.
200 MA on the 1hr chart is the next test at $203....a breakout here and this can run back up to the mother of all resistance lines at the yellow trend line at $245.
Qwerthy
2024-02-15 22:06:16 +0000 UTC