Tesla shares have continued to trend lower after breaking down below the 50-day moving average (MA) and neckline of a head ...

A head and shoulders pattern is bearish if the price drops below the second shoulder line. A typical head and shoulders pattern is characterized by an initial rally to a peak (the first shoulder ...

Tesla shares retraced as much as 33% before finding support from a prior multi-month downtrend line and the neckline of an inverse head and shoulders pattern. Since that time, the EV maker’s ...

According to Martinez, XRP is currently breaking out of a head-and-shoulders pattern — a classic bearish setup that often signals the beginning of a larger correction once the neckline is broken.

The three USA automakers in this analysis are somewhat quiet, but at this point, they all look somewhat like they are trying to build a base in these areas. At this point, the market is certainly ...