absalpha

SIMPLIFIED TRADE: TESLA LONGED @170, TP:210-220

Long
NASDAQ:TSLA   Tesla
No need for a complicated analysis here.
Sometimes a line chart is better to see it clearly. A textbook H&S decline that ideally should be followed by a 30-35% relief rally.

I expect it to happen rather quickly, the more it drags, the less powerful this idea becomes.

Cheers.
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