#TSLA - 1D - 16.11.2020
Updated
Pennant triangle that might aloud the consolidation and continuation of the long term uptrend (purple line). Target 502 USD again.
If not, 400 USD its our first support and uptrend line our second.
Todays session will be crucial to confirm if this patron is respected or not. MA50 acting as a resistance to break today.
If not, 400 USD its our first support and uptrend line our second.
Todays session will be crucial to confirm if this patron is respected or not. MA50 acting as a resistance to break today.
Trade closed: target reached
Neve thought that this forecast would be accomplish so quickly. Just the day after I uploaded this analysis, TSLA was selected to be included on S&P500 next December. With a 3 days positive streak we reach our target of +25%!
Now its time to take this profits and wait for a correction to enter again.
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.