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ddcakez

TSLA Primed for a Bullish Breakout

Long
Tesla (NASDAQ:TSLA)  
ddcakez  
NASDAQ:TSLA   Tesla
Trend Analysis Chart Patterns Technical Indicators breakout Bullish Patterns bullrun squeeze stockstobuy potential
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trendanalysis chartpattern indicator breakout bullish bullrun squeeze stockstobuy potential
As you can see TSLA is forming a descending triangle which normally suggest bearishness, but both the daily and weekly suggest a squeeze to the upside. If Stoch Oscillator rose upward as we got closer to the breakout resistance than that would help indicate bullishness. I will list price targets below. I recommend watching this stock till an oversold oscillator starts to gradually increase to provide greater confirmation to a breakout.

Bullish Signals
-Squeeze Indicator

Price Targets
-672, 714, 752, 806, 886

Support
-622
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