$TSLA - Long to $1400+

RECTANGLE PATTERN:


TSLA has been consolidating since 2020 with an upper resistance of 402, and lower support of 109, forming a rectangle channel. It popped up on my screener, but did not break out on monthly yet.

Current Price: 359.90
Target: Aiming for 1400, calculated from the pattern.
Stop Loss: Set below 250 to manage risk (based on weekly inv h/s
Chart PatternsTrend Analysis

Also on:

Disclaimer