TSLA | 4hr chart

Tesla — Distribution to Accumulation?

StocksTSLA4hr chartDistributionRATs

A textbook distribution range forming on the four hour chart, followed by a clean FrontSide test acting as resistance; R.A.T's, Rejection As Target example. Accumulation phase could be created off the four hour BackSide level but the monthly level is stronger. Price failed to laddered up through six distribution ranges before reaching the 4hr target. 3months gone & another week in the books.

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