TSLA is currently at the top of the the trend line resistance. I think we can see a big move in either direction, but it will be VERY important to make sure that you wait for confirmation before a larger breakout/breakdown.Many are eyeing the 1150 as a short term PT, and we must see a break above 1100, then 1119 in order to see that larger move to those higher levels.
For the downside, if we see a break of 1053, then this thing will drop heavily, as there is practically no support until the 800s.
Let me know what you guys think down below, as I would be interested to see what others think of $TSLA.
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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.