TSLA is still in ACCUMULATION Cup& Handle Pattern Possibility
Tesla is showing bullish momentum with large volume on the 15min
if NDX & SPY continue with bullish momentum & Tesla breaks 745 with strong volume, I think we will fill the gap at 771.80
if Earnings are STRONG then we can see continued bullish momentum
BEARISH SCENARIO * my indicators are leaning heavily towards a move up then selloff I don't feel that we have not seen Market capitulation
*1 hr & 4hr are showing triple bearish divergence (I believe we will go up to make higher highs with price but RSI, Stoch, MACD will print lower highs.
*Daily rally RSI is weak with lowering volume
if NDX & SPY continue with bullish momentum & Tesla breaks 745 with strong volume, I think we will fill the gap at 771.80
if Earnings are STRONG then we can see continued bullish momentum
BEARISH SCENARIO * my indicators are leaning heavily towards a move up then selloff I don't feel that we have not seen Market capitulation
*1 hr & 4hr are showing triple bearish divergence (I believe we will go up to make higher highs with price but RSI, Stoch, MACD will print lower highs.
*Daily rally RSI is weak with lowering volume
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