Tesla (
TSLA) is finally breaking out of the triangle pattern:
Click chart above to see the detailed analysis👆🏻
After a 4 year consolidation, Tesla is finally attempting to break out of the long term bullish triangle pattern. The monthly candle still needs to close but everything is pointing towards a major move higher, with the first target being the previous all time high from 2022.
Levels to watch: $250, $370
Keep your long term vision,
Philip (BasicTrading)
TSLA) is finally breaking out of the triangle pattern:Click chart above to see the detailed analysis👆🏻
After a 4 year consolidation, Tesla is finally attempting to break out of the long term bullish triangle pattern. The monthly candle still needs to close but everything is pointing towards a major move higher, with the first target being the previous all time high from 2022.
Levels to watch: $250, $370
Keep your long term vision,
Philip (BasicTrading)
Trade active
Trading update on Tesla (TSLA):Click chart above to see the detailed analysis👆🏻
If Tesla actually manages to close above the resistance trendline and even better also above the horizontal structure, everything is ready for a major move higher. First target is a +50% move, back to the all time highs, then a breakout and then another parabolic rally.
Levels to watch: $250
Keep your long term vision,
Philip (BasicTrading)
Trade active
Trading update on Tesla (TSLA):Click chart above to see the detailed analysis👆🏻
As anticipated, Tesla finally managed to close above the triangle resistance with a strong move of +22% over the past month. The next target is the previous all time high, which is still about 60% higher. This just should not turn into any king of false bullish breakout now.
Levels to watch: $400
Keep your long term vision,
Philip (BasicTrading)
Philip - Swing Trader
Free: "Elite Trading" Community👇🏻
discord.gg/jgdrYXwqyD
#LONGTERMVISION
Free: "Elite Trading" Community👇🏻
discord.gg/jgdrYXwqyD
#LONGTERMVISION
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.
Philip - Swing Trader
Free: "Elite Trading" Community👇🏻
discord.gg/jgdrYXwqyD
#LONGTERMVISION
Free: "Elite Trading" Community👇🏻
discord.gg/jgdrYXwqyD
#LONGTERMVISION
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.