Coiling in Symmetric triagnel

Updated

Stock stuck in a symmetric triage from the last 2 months. It can break out in either direction. If its break above the triangle around the area 425/430 it can go touch 600 as the pattern rule. If it breaks below the triage then the dotted red line should be the potential stop loss.

Note

After inclusion new in S&P, TSLA definitely will gap up tomorrow and will break the symmetric triangle. Let's see if this gone hit the potential target of 600. Mostly like will do, as funder manage those replicate SPY or related indexes/etfs will rebalance their portfolio.

Note

Target hit today yuhoo

fqalogtrader

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