Tesla - SpaceX and the bullish breakout!

Jun 9

🚀Tesla (TSLA) prepares the final breakout:

🔎Analysis summary:

Basically since 2020, Tesla has been trading in a bullish ascending triangle formation. And together with the underlying uptrend, there is a much higher chance for a bullish breakout. With all the momentum around the SpaceX IPO, this could be the breakout.

📝Levels to watch:

$450

Keep your #LONGTERMVISION🙏
— Phil (TheTraderPhil)

Jun 16

Trade active

🚀Tesla (TSLA) still remains totally bullish:

🔎Analysis summary:

With SpaceX becoming a multi trillion dollar company, Tesla is still heading for a breakout as well. And while the higher timeframe is not breaking out right now, this chart just looks way too bullish. Give it time and ignore the noise and Tesla will break out.

📝Levels to watch:

$450

Keep your #LONGTERMVISION🙏
— Phil (TheTraderPhil)

Jun 23

Trade closed: target reached

🚀Tesla (TSLA) is heading for support:

🔎Analysis summary:

Over the course of the past couple of days, Tesla is down about -15% from recent highs. But looking at the higher timeframe, Tesla is still just nicely respecting the major bullish triangle. Before the breakout, we could see another clear retest of major support.

📝Levels to watch:

$450

Keep your #LONGTERMVISION🙏
— Phil (TheTraderPhil)