Tesla
Long
Updated

TSLA: An impending 10% up side move?

220
Broke out of a down trendline.
Had a 10+% surge up at end of July.
And price is not consolidating.

Anticipating another 10+% burst up soon. Perhaps a better time to enter is when the 20MA catches up.

Target profit also coincides with a resistance at about $780.

Disclaimer: I'm not giving any trading and investing advice. I'm just sharing my chart observations.

If you have any symbols that you'd like me to analyze, feel free to drop me a comment.
Note
Today might be a good day to enter!
Trade closed: stop reached
Setup invalidated!

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