FX.co ★ Patterns #TSLA | Tesla, Inc. Stock Price

The Triple Bottom pattern has been formed on #TSLA M5. It has the following characteristics: resistance level 308.42/303.11; support level 300.82/300.19; the width is 760 points. In the event of a breakdown of the resistance level of 308.42, the price is likely to continue an upward movement at least to 301.23.

According to the chart of M30, #TSLA formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 328.44 – 328.44 and upper border 335.91 – 335.91. In case the upper border is broken, the instrument is likely to follow the upward trend.

According to the chart of M15, #TSLA formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 335.91 and support 328.44. In case the resistance level 335.91 - 335.91 is broken, the instrument is likely to follow the bullish trend.

According to the chart of M15, #TSLA formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 335.91 and support 328.44. In case the resistance level 335.91 - 335.91 is broken, the instrument is likely to follow the bullish trend.

The #TSLA M30 formed the Head and Shoulders pattern with the following features: The Head’s top is at 337.71, the Neckline and the upward angle are at 324.60/326.66. The formation of this pattern can bring about changes in the current trend from bullish to bearish. In case the pattern triggers the expected changes, the price of #TSLA will go towards 326.36.

The Double Bottom pattern has been formed on #TSLA M5. Characteristics: the support level 327.58; the resistance level 329.81; the width of the pattern 223 points. If the resistance level is broken, a change in the trend can be predicted with the first target point lying at the distance of 208 points.

The Double Bottom pattern has been formed on #TSLA M5; the upper boundary is 329.81; the lower boundary is 327.73. The width of the pattern is 223 points. In case of a break of the upper boundary 329.81, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit level.

The Double Top reversal pattern has been formed on #TSLA M15. Characteristics: the upper boundary 330.45; the lower boundary 324.60; the width of the pattern is 603 points. Sell trades are better to be opened below the lower boundary 324.60 with a possible movements towards the 324.38 level.

The Double Top pattern has been formed on #TSLA M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 328.99 is broken, the downward movement will continue.

The Bullish pennant signal – Trading instrument #TSLA M15, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 330.45, with the prospect of the next move being a projection of the flagpole height.