One for the chartists

Cup with Handle TeslaMondoThe first image shows a classic cup with handle. Chartist theory holds it’s a sign of an imminent breakout and therefore warrants a buy. The second image, the two-year chart for TSLA, shows an even more bullish signal, specifically a double cup with underwire. This signifiies long-lasting support, not to mention comfort. Just cross your heart and hope chartist theory holds up.Cup and underwire pattern

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2 thoughts on “One for the chartists

  1. Timmy says:

    Adds entirely new connotations to bond ratings.

    Like

  2. AdrienT says:

    Great article! Cleaning coffee off of screen, then looking for a dip to add more TSLA!

    Like

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