TomProTrader

#TSLA: Bulls Still Around, Further Upside Expected

Long
NASDAQ:TSLA   Tesla
5
Tesla landed on sideways support, formed a accumulation base causing a nice rally, Friday's session resulted in an engulfing signal giving a good opportunity to trade this continuation move to break structure to the upside. I hpe you have a tested trading strategy to trade this move when it starts.

With this trade it's important to keep an eye on the fundamentals of Tesla, considering sales expectations being missed, and Tesla's recent incident with it's auto pilot car could weight on this stock.

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