Gareth Soloway
InTheMoneyStocks
Wednesday, August 2, 2017
ALERT: Massive Headed And Shoulder Pattern On Tesla Inc (TSLA) After Earnings...
Tesla Inc (NASDAQ:TSLA) reports earnings after the close of trading today. Investors and analysts have no idea what to expect. Based purely on the chart, there is a looming head and shoulder pattern. Head and shoulder patterns are very bearish. While it has not triggered, this tells me that whether on earnings or a month later, Tesla Inc is going sharply lower. Please understand, because the head and shoulder pattern has not triggered, earnings are a question mark. However, the bigger pattern signals a trigger in the future. Be ready, it should be a fun trade when it triggers.
