TESLA LONG
Updated
TSLA is bottoming, for that we are sure. It is currently sitting above a major historical level after breaking back above it, potentially backtesting it as support. You can see the clear level as shown below.
https://www.tradingview.com/x/MxdM8qMF/
If we take out the double bottom then I think we have a very likely chance of heading all the way to 150, where the next major level is and where we would buy in again.
https://www.tradingview.com/x/MxdM8qMF/
If we take out the double bottom then I think we have a very likely chance of heading all the way to 150, where the next major level is and where we would buy in again.
Note
Great reaction, once we're over 200 all the normies are going to come and call tesla to new highs - We're perfectly positioned.Note
209 is a pretty big level so if you are up big consider taking a small partial profit.Note
Take profit 1 taken, what an incredible trade so far.Note
When we have this steep of a run up, it is smart to scale out of positions making sure you collect profits. We have so far taken a portion of the TP2 target and expect to take more on monday or the week if we break the highs. The reason is that we might retrace a substantial amount - where we can scale in again with the taken profits.Note
Second TP taken! Amazing trade, coming close to our trade of the year!Note
If you are still in this trade, or got more in at 180 as per our update, tesla looks amazing and the structure is developing for further major upside. Trade active
Third target of the trade set up hit today. Tesla is our biggest overall winner this year and although this leverage trade is closed we expect a continuation higher to 400Trade closed: target reached
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