Exactly 3 months ago (June 06, see chart below) we called a bottom buy on Tesla (TSLA) right when it was trading at $284.70:
The price followed this prediction precisely, got out of the Bull Flag and eyes now a new 4-month High above $368.
This would be a break above the 4-month Ascending Triangle, a pattern we last saw during the stocks previous Bullish Leg in mid-end 2024. As you can see, that break-out delivered the Higher High test of Tesla's 3-year Channel Up at $488.
At the same time we are about to form a 1D Golden Cross, which makes the bullish sentiment even stronger.
As with our June 06, we still expect the price to reach $600 and price a new Higher High on the long-term Channel Up
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The price followed this prediction precisely, got out of the Bull Flag and eyes now a new 4-month High above $368.
This would be a break above the 4-month Ascending Triangle, a pattern we last saw during the stocks previous Bullish Leg in mid-end 2024. As you can see, that break-out delivered the Higher High test of Tesla's 3-year Channel Up at $488.
At the same time we are about to form a 1D Golden Cross, which makes the bullish sentiment even stronger.
As with our June 06, we still expect the price to reach $600 and price a new Higher High on the long-term Channel Up
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
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👇 👇 👇 👇 👇 👇
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