Tesla - Another +100% After This Breakout!

Jan 20

Tesla (TSLA) can still double from here:



Click chart above to see the detailed analysis👆🏻

With Elon Musk actually becoming the richest person on this planet, Tesla is simultaneously attempting another all time high breakout. All the recent bullish momentum could further fuel this rally, leading to new all time highs and another 2x in Tesla's market cap.

Levels to watch: $450, $900

Keep your long term vision,
Philip (BasicTrading)

Jan 27

Trade active

Trading update on Tesla (TSLA):



Click chart above to see the detailed analysis👆🏻

With the entire tech sector "crashing" today, also Tesla is starting to reject the major previous all time high resistance. So far this is not a problem at all and bulls are still 100% in control of Elon's baby but we need to see a clear breakout before Tesla is then ready to eventually double its share price.

Levels to watch: $450, $900

Keep your long term vision,
Philip (BasicTrading)

Feb 4

Trade closed: target reached

Trading update on Tesla (TSLA):



Click chart above to see the detailed analysis👆🏻

It literally all comes down to this month to decide whether Tesla is finally rallying another +100% or we will see the bearish all time high rejection first. Just notice that an all time high rejection would not be a bearish sign but rather the beginning of the next bullish break and retest.

Levels to watch: $450, $900

Keep your long term vision,
Philip (BasicTrading)