Long

Tesla broke out

Updated

Tesla just broke out of it's 3 month bull flag. I expect it to find first resistance around 275 where the larger yearly trading triangle is building.

Note

Keeps attacking the resistance more and more agressively.

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Seems to be moving above the wedge.

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Consolidating above the trendline. Ready for a move higher soon.

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Strong breakout yesterday on high volume. Next resistance way above.

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253 is the same resistance it hit a month ago. WIll probably consolidate right below it for a day or so before breaking out completely.

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Strong move towards 275 in the next coming days.
After that I would expect a consolidation back around the 250 level.

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Consolidating below 260 for the next move up towards 275

THeLIStR

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