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TSLA July 2024 Market Top

TSLA July 2024 Market Top

Summary

After TSLA stock reached new highs for the year in July, an evening doji star candlestick pattern marked the beginning of a short-term correction in the stock. After two attempts nearing and testing resistance levels on 10/1 and 10/28, the third attempt on 11/6 with a rising window finally brought the stock above previous resistance levels and on to further gains.

Key Patterns

7/11 - Variation of Evening Doji Star 📚

10/1 - Hanging Man 📚

10/28 - Dark Cloud Cover 📚

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