This Tesla 1H chart showcases a falling wedge breakout with strong volume support, followed by a steady uptrend. The price has respected a rising support line, with a clean re-entry zone and a defined stoploss for trade protection. As long as the price holds above the trendline, the chart remains bullish with a target around $357.
"Tesla 1H chart showing room for a 10% upside — bullish setup unfolding."
"Tesla 1H chart showing room for a 10% upside — bullish setup unfolding."
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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.