Tesla reports after the close today. I am typing these words about two hours before then, so by the time you read this, you’ll probably already know what result of TSLA. Right up front I’ll say I have no dog in this fight. Whether it goes up or down matters not to me. Indeed, I’d PREFER it go to up, for reasons some of you know. My Dumb Guess ™ though is that it’s going to sink, based on its long series of lower highs.
I will point out that the 4 hour bar chart shows a pennant pattern, which can be bullish. If it breaks above $271, sure, this thing could be on its way to just under $300, no problem.
