Double Top pattern spotted in Tesla
$Tesla(TSLA.US$ What Is a Double Top?
A double top is an extremely bearish technical reversal pattern that forms after an asset reaches a high price two consecutive times with a moderate decline between the two highs. It is confirmed once the asset's price falls below a support level equal to the low between the two prior highs.
A double top is an extremely bearish technical reversal pattern that forms after an asset reaches a high price two consecutive times with a moderate decline between the two highs. It is confirmed once the asset's price falls below a support level equal to the low between the two prior highs.
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gabrielgoh : Where is the neckline in this case
ChartTrader : U shape now
104095970 OP : Closing out half my puts for a nice day trade profit.