Head & Shoulders Pattern
Tesla is now forming an H&S shoulder pattern.
It is also breaking below MA200.
It also needs to be highlighted that they only reached their profit target last quarter only due to Bitcoin. It was mentioned that Bitcoin income provided 20% of the profit target.
Now that
BTCUSD is bearish. We expect that it will have an effect on Tesla
It is also breaking below MA200.
It also needs to be highlighted that they only reached their profit target last quarter only due to Bitcoin. It was mentioned that Bitcoin income provided 20% of the profit target.
Now that
BTCUSD is bearish. We expect that it will have an effect on Tesla
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