Tesla (TSLA) is showing a potential breakout from a descending triangle pattern on the 30-minute chart, indicating bullish momentum:
Entry: $435.66 (yellow line - breakout level).
Stop Loss (SL): $420.90 (white line - key support).
Target 1 (T1): $462.25 (red line - first resistance).
Target 2 (T2): $489.33 (green line - major resistance).
This breakout aligns with increasing volume, signaling strong upward potential. Keep an eye on $435.66 for confirmation.
Entry: $435.66 (yellow line - breakout level).
Stop Loss (SL): $420.90 (white line - key support).
Target 1 (T1): $462.25 (red line - first resistance).
Target 2 (T2): $489.33 (green line - major resistance).
This breakout aligns with increasing volume, signaling strong upward potential. Keep an eye on $435.66 for confirmation.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.