TESLA Forming Base With Expansion Toward Higher Levels
By:TradingView
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The chart shows consolidation after an extended decline, suggesting a base formation near the lower range. This type of behavior often precedes an expansion move once momentum builds.
The expected scenario includes a short dip followed by a stronger push upward. Continuation depends on price holding above support and gradually reclaiming resistance zones.
The expected scenario includes a short dip followed by a stronger push upward. Continuation depends on price holding above support and gradually reclaiming resistance zones.
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