TeslaLong
TSLA is following well established, upward sloping, channel
Updated
This chart shows a channel that has upper and lower bounds being respected by TSLA for several months now. Even though the stock seems to be erratic in its price moves, such trendlines show a structure to the price action that has been established and can be used to take short-term swing trades off.
TSLA for several months now. Even though the stock seems to be erratic in its price moves, such trendlines show a structure to the price action that has been established and can be used to take short-term swing trades off.Trade active
This is the strongest push we have seen against the upper trend line since early July. A break above this level should take the stock to the $900 level and possibly to $1000 where the highest trendline is currently projecting.
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.