Top 5 Weekly Trade Ideas #4 - TSLA Bull Flag
We have a nice bull flag/wedge here on the 15m. I'll be looking for a break to the upside to enter longs targeting the recent swing high first. Could also be good to wait for a break and retest to enter.
For shorts, could look for an entry if the wedge breaks to the downside targeting the gap fill at $322.70. The best trade would probably come on a retest of the wedge after breaking below.
Longs have the best odds for now, just need to be careful with something moving like this.
For shorts, could look for an entry if the wedge breaks to the downside targeting the gap fill at $322.70. The best trade would probably come on a retest of the wedge after breaking below.
Longs have the best odds for now, just need to be careful with something moving like this.
AP Academy Beta Registration Open:
ko-fi.com/advancedplays/tiers
Short Thesis:
advancedplays.com/short-thesis.pdf
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes.
ko-fi.com/advancedplays/tiers
Short Thesis:
advancedplays.com/short-thesis.pdf
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes.
Related publications
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.