Tesla - Not the final breakout yet!

Feb 17

🎯Tesla (TSLA) is still in breakout mode:

🔎Analysis summary:

Just recently, Tesla broke out of a significant bullish triangle pattern. But looking at the higher timeframe, this triangle breakout is still not really confirmed yet. Instead, Tesla has to create new all time highs soon in order to start its next parabolic breakout bullrun.

📝Levels to watch:

$400

SwingTraderPhil
SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION

Feb 25

Trade active

🎯Tesla (TSLA) can still create new highs:

🔎Analysis summary:

Tesla still clearly remains in an overall bullish market. And despite moving literally nowhere for the past couple of weeks, the triangle breakout is still valid. It is now just really important that Tesla creates a new all time high to confirm the underlying breakout.

📝Levels to watch:

$400

SwingTraderPhil
SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION

5 days ago

Trade closed: target reached

🎯Tesla (TSLA) is perfectly heading higher:

🔎Analysis summary:

The month of March might finally be the expected bullish month for Tesla. With the still valid break and retest playing out, Tesla is heading for new all time highs. It all just comes down to bulls being able to create another high, confirming the triangle breakout.

📝Levels to watch:

$400

SwingTraderPhil
SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION