altinAdam

TSLA : Tesla Bullish look, with risks.

NASDAQ:TSLA   TESLA INC
(1) Cup and handle forming. Could leave the triangle from here .
(2)Also could bounce off the green square and go up and out.
(3) Could fall out of triangle into lame weakness. Which would be uncharacteristic for a strong winner like TESLA .

If breaks out from cup and handle we see a potential for mad gains. Target would be red rectangle .
Be careful, friends.

Comments

cenx speculative setup 200% gains(NEW).
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Agree with this. My last analysis posted is very similar - not sure what catalyst could be big enough to propel this to new highs in near-term and bust out of the ascending triangle, but does look like a cup and handle has formed. Should be interesting to see what happens next!
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nycdude303 nycdude303
+1 Reply
Is this analysis for today?
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altinAdam Tijuanah
@Tijuanah nothing will happen until next week, I think
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