Big Move Possible on $TSLA

I am having a difficult time counting $TSLA at the moment, but this chart pattern can support our efforts in the meantime. It appears to be a reasonably well-formed inverse. The measured move is noted.

TSLA


[UPDATE]: This inverse has failed against my expectations and though we are still likely to move above the price that this stock was at the time of this post, I now do not believe we will get to the measured move target. Because the price remains roughly where it was when I made this post, I will file it under “Cancelled.” I have since written a new post detailing my revised views.


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