ALERT: Massive Headed And Shoulder Pattern On Tesla Inc (TSLA) After Earnings…

Tesla Inc (NASDAQ:TSLA) reports earnings after the close of trading today. Investors and analysts have no idea what to expect. Based purely on the chart, there is a looming head and shoulder pattern. Head and shoulder patterns are very bearish. While it has not triggered, this tells me that whether on earnings or a month later, Tesla Inc is going sharply lower. Please understand, because the head and shoulder pattern has not triggered, earnings are a question mark. However, the bigger pattern signals a trigger in the future. Be ready, it should be a fun trade when it triggers.



Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: