TSLA could be distribution pattern on the weekly chart
Posted: Fri Dec 11, 2020 5:59 pm
Doji plus volume surge usually means distribution (doji plus decrease volume means consolidation, not the same thing). I know it works very well on the daily chart. Never observed this on the weekly chart so let's see.
If indeed a pullback it'd be bought eventually anyway though.
If indeed a pullback it'd be bought eventually anyway though.