michaeldobfx

Tesla - Bearish bear flag

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NASDAQ:TSLA   Tesla
In contrary to my other post which pointed out a bullish pennant, there is also a bear flag forming on the daily chart. This does not look good for bulls since if there is a break below the flag, it may turn nasty. Hence, it is better wait out before impulsively buying solely on the bullish pennant.

Note: Not financial advice. I bring the evidence, you be the judge and jury (always do your own research).

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