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This is a rare occurrence.
$TSLA just closed an entire weekly candle below the lower Bollinger Band.
It's only happened once before in the stock's history, so the sample size is extremely limited.
The last time? TSLA ripped 78% over the following two months.
$TSLA Today's gap-down open was needed to create a bullish engulfing daily candle. ๐
And because itโs Monday, it also opens the possibility of a bullish engulfing weekly candle. ๐
This is a rare occurrence.
$TSLA just closed an entire weekly candle below the lower Bollinger Band.
It's only happened once before in the stock's history, so the sample size is extremely limited.
The last time? TSLA ripped 78% over the following two months.