TSLA Long to 1k 10:1 risk reward
Updated
Trade Plan :
- Long at break of 846 (Most likely will be gaping Monday, my position is already in)
- Stop loss at broken resistance (840 was last major swing high and will be my s/l)
- Expected move is +- 160 from the triangle width of first swing high & swing low.
- Take profits set within the supply zone do as you please
This is not trading advice & is only for documenting my trades. Good luck.
Note
Trade plan is still active, after re-analyzing & having 4 more trading days to play off of it shows that volatility is still low within TESLA but the weekly chart also tells us a very BULLISH story with the last candle showing HIGH buying pressure accompanied by a break of the triangle to the upside as well as the S&P's break of the 300 resistance level. Next week is looking bullish for the overall market and TSLA should be explosive.
Note
Up 140% on my 1030 calls
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