Tesla is playing perfectly into a broadening megaphone top
1. 3 successively higher peaks (Last one is in the making)
2. 2 successively lower troughs (Already formed)
3. Often occurs at the end of a major bull market (as we are in)
The ONLY thing missing is the expanding volume upon the swings, but I see enough to believe a major topple comes after this last peak is formed.
Confirmed upon violation of the 2nd trough downward
1. 3 successively higher peaks (Last one is in the making)
2. 2 successively lower troughs (Already formed)
3. Often occurs at the end of a major bull market (as we are in)
The ONLY thing missing is the expanding volume upon the swings, but I see enough to believe a major topple comes after this last peak is formed.
Confirmed upon violation of the 2nd trough downward