Tesla, Inc.
Long
Updated

Tesla - Withstanding all weakness!

1 995
🏹Tesla (TSLA) can still break out:
snapshot

🔎Analysis summary:
Since Tesla was listed on the Nasdaq back in 2013, we witnessed a lot of triangle breakouts. And starting all the way back in 2020, Tesla once again created a bullish triangle. Last month we saw the breakout and this month we have to see the confirmation

📝Levels to watch:
$400

SwingTraderPhil
SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION
Trade active
🏹Tesla (TSLA) is still strong:
snapshot

🔎Analysis summary:
At this exact moment, Tesla is perfectly retesting the previous all time high. Since this was also the previous breakout level, Tesla has to create a bullish reversal here. If we actually see this bullish rejection, Tesla will head for another crazy triangle breakout rally.

📝Levels to watch:
$400

SwingTraderPhil
SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION
Trade closed: target reached
🏹Tesla (TSLA) nicely holds support:
snapshot

🔎Analysis summary:
Despite all the recent stock market weakness, Tesla is still trading above is major triangle breakout level. This means that Tesla is still able to create another major move higher. But soon we have to see bullish confirmation in order for the breakout to play out.

📝Levels to watch:
$400

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

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