Tesla - This Will Be A Wild Ride!
Updated
Tesla (
TSLA) is deciding about its future in the next 8 days:
Click chart above to see the detailed analysis👆🏻
During the next 8 days - until this monthly candle closes - we will see whether or not Tesla will enter the next major bullrun. Currently Tesla is trading at the important triangle breakout level after dropping about -20% this month so far. The future of Tesla will depend on this breakout.
Levels to watch: $160, $200, $270
Keep your long term vision,
Philip (BasicTrading)
TSLA) is deciding about its future in the next 8 days:Click chart above to see the detailed analysis👆🏻
During the next 8 days - until this monthly candle closes - we will see whether or not Tesla will enter the next major bullrun. Currently Tesla is trading at the important triangle breakout level after dropping about -20% this month so far. The future of Tesla will depend on this breakout.
Levels to watch: $160, $200, $270
Keep your long term vision,
Philip (BasicTrading)
Trade active
Trading update on Tesla (TSLA):
Click chart above to see the detailed analysis👆🏻
Well, I mean Tesla literally just smoked every single bear after rallying about 20% this week. It now means that Tesla confirmed the triangle breakout which means that we can now see the continuation of the bullrun with the next target being the previous all time highs.
Levels to watch: $270, $400
Keep your long term vision,
Philip (BasicTrading)
Trade active
Trading update on Tesla (TSLA):
Click chart above to see the detailed analysis👆🏻
Finally Tesla managed to close above the triangle resistance and is now starting its next major bullrun. The only level which we have to watch right now is the previous horizontal resistance and a break above this level means that we will see new all time highs very fast.
Levels to watch: $270, $400
Keep your long term vision,
Philip (BasicTrading)
Trade closed: target reached
Trading update on Tesla (TSLA):
Click chart above to see the detailed analysis👆🏻
And here we go, Tesla breaking all structure towards the upside and perfectly following my triangle breakout analysis. There is literally no resistance but the previous all time high, so Tesla can easily move up another +40% before we can consider some retracement.
Levels to watch: $400
Keep your long term vision,
Philip (BasicTrading)
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