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November 28, 2024

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Tesla Stock (TSLA) Fails Flag Pattern Retest. A False Breakout Confirmed – Chart Attack

Tesla stock began the year with a nice flag pattern breakout. In a Market Moment article last week, I highlighted how a retest is possible, and is very important in terms of the technical pattern. Well, we got that retest, but it did not go the way the bulls would have liked. Some hope here as Tesla finds support at $1000, but all eyes on the Nasdaq to see if it holds support I mentioned in a previous Chart Attack video.

Enjoy!

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