TeslaLong
$TSLA Super Long Check In
Checking up on our TSLA play, we can see that TSLA gapped up strong on earnings with a nice run off our bottom trend line.
Zooming in on the Daily we can see a classic Wash, Trap Squeeze pattern emerging.
The conclusion of this pattern will lead us to grab Liquidity at the 205, 220 and top out around our upper trend line around the 240ish plane before we consolidate and move higher.
If the pattern fails and we do head lower, look to buy the dip between 168 and 172 after a closure of the gap below.
TSLA play, we can see that TSLA gapped up strong on earnings with a nice run off our bottom trend line. Zooming in on the Daily we can see a classic Wash, Trap Squeeze pattern emerging.
The conclusion of this pattern will lead us to grab Liquidity at the 205, 220 and top out around our upper trend line around the 240ish plane before we consolidate and move higher.
If the pattern fails and we do head lower, look to buy the dip between 168 and 172 after a closure of the gap below.
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.