TSLA - 2H Bullish Divergence

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TSLA - 2H Bullish DivergenceTesla, Inc.BATS:TSLAVIAQUANTOn the 2H timeframe, Tesla has formed a bullish divergence worth paying attention to heading into today's session. The divergence was established with a lower low in price action paired with a higher low on the RSI which is a classic bullish divergence signal. The price low also swept the prior lows, which is an encouraging sign that stop losses have been triggered and liquidity collected. Adding to this, the 2H RSI is bouncing right off oversold conditions (30). Of course, today is likely to be a volatile session with several headlines demanding attention. But in these early trading hours, TSLA is showing early signs of strength for a potential move back toward the top of the falling wedge pattern around $385.