Hello traders:
Tesla has dropped down quite a bit since last month, and the question is, is it time for the bullish price action to start now ?
We see the latest price has dropped down from a continuation correction, but failed to form further LTF correction to push the price lower.
Instead what we get is a reversal impulse up from the price, could indicate the first bullish momentum to come in.
Wait to see if we get LTF continuation correction to formed here,
and an inverse Head and Shoulder pattern to give us further confluence to look for a buy from here.
thank you
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