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AwesomeAvani
Sep 9, 2022 5:06 PM

TSLA Cup and Handle approaching Breakout LONG Long

Tesla, Inc.NASDAQ

Description

TSLA 's Cup and the handle is progressing with rising relative strength and inflowing

relative volume noted on the chart. Once price hits 311 it should breakout into

bullish continuation possibly with a retest all in the week upcoming.

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For a cheap play on TSLA and 1.5 leveraged see my idea on TSLL

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TSLA2216I290.83
TSLA 9/16/2022
$290.83 Call
$12.49
$340.00
(37.78%)
$9.00
1
$1,240.00
$340.00
(37.78%)
Comments
TheNewsCrypto
Good Analysis
AwesomeAvani
@TheNewsCrypto, Thanks; I am expecting the call option to do well in the upcoming week.\
TakeTheRide
The volume has continuously dropped over the past 6 months. 50 million a day average down from 100million. This is what you call a “bear market rally” don’t get excited just because you get a couple days of green. Shit is about to get ugly. But what do I know. Just following big money
AwesomeAvani
@TakeTheRide, Yeah I understand. I see TSLA has risen 50% over June lows. I am ralistically watching to grab a little for me here and there. I have another idea about selling TSLA and buying Ford. GM coming out with plans to produce Equinox EV for $30,000 base shows competition is heating up with Fisker moving things also. Timing is everything.
nevog26
@AwesomeAvani, competition ??? really ??? read some more data on GM and ford and see that they are FAAAAAAAARRR away from tesla on EVs...
AwesomeAvani
@nevog26, Yeah and TSLA is waaaaaaaaaaaaaaay behind on building out EV that Americans and global customers can afford in a recession-challenged world. F / GM are dedicated to building EVs for the masses and therein is a business straegy that has a chance to prevail !
Zestiria
Good Awesome
AwesomeAvani
@Valerus_Forex, Good morning. Have a great weekend ! ( See idea on TSLL for a cheap play on TSLA)
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