Tesla
Long
Updated

Tesla - Investment and trading position

120
160 is a strong support zone, potential to take support from this falling channel and give breakout from double bottom pattern after closing above 180 - Its next target would be 205 and 225. Above 225 a breakout from symmetrical triangle pattern will come with a pattern target of 440.
Levels are mentioned on chart, its a simple chart and hopefully helpful. Thanks.
Note
RSI divergence is also visible on daily chart, forget to mention that in previous details.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.