TESLA: Moving Averages consistently moving higher last 3 months
Despite the powerful DXY runup over last 8 weeks the moving averages for Tesla have been consistently moving upwards. The 9 EMA has just completed the crossover of the 20 EMA on the monthly time-frame ...going forward i anticipate an accelerated upwards momentum as the 2 smaller EMA's untangle.
If DXY weakens in the slightest, Tesla will propel pass $300 easily. The head and shoulder pattern currently forming on monthly time-frame would be totally disrupted.
If DXY weakens in the slightest, Tesla will propel pass $300 easily. The head and shoulder pattern currently forming on monthly time-frame would be totally disrupted.