Chart of the Day: Tesla Could Be Accelerating

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Tesla skidded lower after its last earnings report on July 19, but now the EV giant could be turning a corner.

The first pattern on today’s chart is the dive toward $212 on August 18. It was the lowest level in more than two months, but TSLA gapped back to the upside a day later. The result is a potential “abandoned baby” candlestick.

Second …

For more, please click here to view the related idea and chart analysis on TradingView.

Tesla (TSLA), daily chart, with selected patterns and indicators, courtesy of TradingView.
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