Tesla
Updated

TESLA $TSLA | TESLA RALLY TO 400?! (ASCENDING TRIANGLE) Dec05'24

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TESLA TSLA | TESLA RALLY TO 400?! (ASCENDING TRIANGLE) Dec05'24

TSLA BUY/LONG ZONE (GREEN): $357.50 - $400.00
TSLA DO NOT TRADE/DNT ZONE (WHITE): $331.00 - $357.50
TSLA SELL/SHORT ZONE (RED): $270.00 - $331.00

TSLA Trends:
TSLA Weekly Trend: Bullish
TSLA Daily Trend: Bullish
TSLA 4H Trend: Bullish
TSLA 1H Trend: Bullish

TSLA is hanging on to the strong bullish rally that first began after the most recent earnings report (Oct23), followed by the Trump rally after the presidential election. TSLA has been building an ascending triangle at the 360 price level, and a popular belief is that a break above this level will be the start of the push to the 400 price level. Here is what I'm personally looking at for possible TSLA trade opportunities, potential for upside and downside, and how I'm viewing price structure and technicals with the help of some of my personal indicators!


This is what I would personally look at before entering trades, everything is subject to change on a daily basis and as I analyze different timeframes and ideas.
ENTERTAINMENT PURPOSES ONLY, NOT FINANCIAL ADVICE!

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TSLA has reached the target of $400

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