Today, TSLA stock is starting a rally, showing a powerful bullish technical reversal pattern, indicating that the stock should now move higher, and that’s what we’re going to talk about in this video. Well, to be honest, TSLA is triggering more than one bullish pattern, and we’ll talk about each of them, what to expect next, and of course, what can go wrong – because there’s always a chance that TSLA could crash next week and reject this bullish thesis. Anyway, in this video, I will prepare you for whatever comes next.
Remember that the reversal patterns described in this video are medium-term reversal structures, which indicates that TSLA should perform well in the short/medium term; however, there are still many challenges that TSLA’s price action needs to overcome in order to trigger a long-term bullish reversal pattern, such as on the weekly chart.
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