Short squeezes in Tech are leading to a broader market Bullish breakout.
I’m looking to see if TSLA can break above 842 range.
If so, that puts the TESLA breakout up to 927 range where there was consolidation in Aprils market decline.
1D Ichimoku Cloud is testing a bullish breakout signal
Trade Safe.
While everyone shuffles to the other side of the boat is when we could see a 2nd leg down. More on 2nd leg down risk later.
I’m looking to see if TSLA can break above 842 range.
If so, that puts the TESLA breakout up to 927 range where there was consolidation in Aprils market decline.
1D Ichimoku Cloud is testing a bullish breakout signal
Trade Safe.
While everyone shuffles to the other side of the boat is when we could see a 2nd leg down. More on 2nd leg down risk later.
Note
TSLA Nailed the Ascending Triangle target in 5 trading days after confirmation.
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Related publications
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.