This Chart Doesn't Care What Earnings Said

Tesla (TSLA) got taken apart on earnings, and it's been quietly repairing ever since.

The July print was ugly. Record deliveries, sure, but margins came in at 1.4% and the stock put in its worst slump since 2022, leaving a gap overhead on the way down.

Then Friday hit. Tesla and SpaceX (SPCX) announced a $17 billion AI chip plant in Texas, and the stock ran up to $333.73 before backing off.

It's built a nice base since, and now it's coiled into a perfect bull pennant with stacked A+ squeezes on the 15 and the 30-minute.