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AquilaMarkets
Oct 12, 2020 11:47 AM

Tesla - upside breakout imminent Long

Tesla, Inc.NASDAQ

Description

We have been tracking the contracting triangle in Tesla off the end of August high at 541.00. Break above 450.00 opens up retest of 500 initially - then 541 all time high. Target 600! This fits with our themes of the "fastest horses" testing new highs pre election (Nas100, Silver, TSLA etc)

Comment

Tesla - clean break our of contracting triangle. Continue to look for test of 500 with a ultimate target of 600. stop below 435
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