I believe Tesla has formed and completed an inverse Head and Shoulder showing upside potential to reach the 1st target at around 240$. We will have to clear the Supply zone [204-208] in order to reach the target. This is a multi week swing although there is no specific target date
Invalidation point: Below 180$
Invalidation point: Below 180$
Trade active
We have reached our target. The trend is still strong and in place therefore we can try to reach 267-277 area. My real target is a reclaim of the highs at 400's. I will update you regularly as we progress.
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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.