Tesla (TSLA) recovered MA20 and MA50, and is fast approaching the light blue down-channel top or the flag pattern top. A flag pattern is a continuation pattern. Should it break above it with high volume, it may hit a new all-time high. However, if MA20 and MA50 fail again, the correction is likely to resume.
Also, about 100 stocks followed Tesla to recover MA20 and MA50, including UBS. Click the link below to view them:
360miq.com/screener?market=NYSE%20%2B%20…
360miq.com/stockinfo?code=TSLA
