The charts show Tesla shares could be on the verge of a big swing, Katie Stockton says
The chart of Tesla Inc. (TSLA) shows uncertainty on the part of investors, with fickle price action keeping the stock tethered to its 200-day moving average (MA). Following April’s recovery, the stock entered a consolidation phase characterized by volatile swings within a tightening range. This has resulted in a triangle pattern, with TSLA now approaching…