The Price Chart of TSLA is quite interesting as there are many price patterns forming.
In a birds-eye view, you can see a symmetrical triangle. Then, in the short-term, price is making an ascending triangle which is a bullish biased pattern. Interestingly, it has a breakout and retest is in its completion phase. Also, there seems an inverse head and shoulders pattern inside this ascending triangle that is again a bullish biased pattern.
In short, the TSLA chart looks super bullish. Here are the price targets according to the analysis:
#TSLA
Entry 740-790
TP1: 823
TP2: 898
TP3: 1050
SL: 556
What do you think?
In a birds-eye view, you can see a symmetrical triangle. Then, in the short-term, price is making an ascending triangle which is a bullish biased pattern. Interestingly, it has a breakout and retest is in its completion phase. Also, there seems an inverse head and shoulders pattern inside this ascending triangle that is again a bullish biased pattern.
In short, the TSLA chart looks super bullish. Here are the price targets according to the analysis:
#TSLA
Entry 740-790
TP1: 823
TP2: 898
TP3: 1050
SL: 556
What do you think?
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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.
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.