Tesla (
TSLA) will reject the all time high first:

Click chart above to see the detailed analysis👆🏻
Tesla was actually not able to create a sustainable all time high breakout and if a stock doesn't move up, it will come down. However Tesla still remains absolutely bullish and is now starting to create a textbook break and retest which will eventually still lead to new all time highs.
Levels to watch: $400, $280
Keep your long term vision,
Philip (BasicTrading)
Click chart above to see the detailed analysis👆🏻
Tesla was actually not able to create a sustainable all time high breakout and if a stock doesn't move up, it will come down. However Tesla still remains absolutely bullish and is now starting to create a textbook break and retest which will eventually still lead to new all time highs.
Levels to watch: $400, $280
Keep your long term vision,
Philip (BasicTrading)
Trade attivo
Trading update on Tesla (Click chart above to see the detailed analysis👆🏻
We are seeing a lot of volatility lately on Tesla which could be the first sign of big institutions actually closing some of their profitable positions and preparing for another -20% drop. However looking at the bigger picture, Tesla remains bullish and the target is a new all time high.
Levels to watch: $400, $280
Keep your long term vision,
Philip (BasicTrading)
Trade chiuso: obiettivo raggiunto
Trading update on Tesla (Click chart above to see the detailed analysis👆🏻
A lot of volatility later, Tesla is now slowly approaching the major horizontal structure which has been respected over the past four years. Looking at the overall trend a bullish reversal is much more likely and together with the triangle breakout, this could lead to new highs.
Levels to watch: $400, $280
Keep your long term vision,
Philip (BasicTrading)
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#1 Video Author on @TradingView 🏆
Swing Trader since the Year 2019 💻
Daily Analysis from Monday - Friday 💰
3.2K Traders in Our FREE Community👇
discord.gg/jgdrYXwqyD
Swing Trader since the Year 2019 💻
Daily Analysis from Monday - Friday 💰
3.2K Traders in Our FREE Community👇
discord.gg/jgdrYXwqyD
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.