Top 5 Weekly Trades Ideas #4 - TSLA Long
Zaktualizowano
Piggybacking off of last week's idea on this one. TSLA continues to look unstoppable, nice bull flag breakout last week that rejected where you'd expect. Now we're seeing some more bullish consolidation and a smaller pennant. This pennant is not the cleanest, but either way it's quite a bullish looking chart IMO.
This is just a 15m, you can zoom out or see old ideas for longer term targets. For this week and maybe next I will be looking for a move up above last week's high that comes back for a retest around 358.64.TSLA is already up near those highs in overnight trading so it's possible we will gap and gap tomorrow if we open above $358.64. I wouldn't chase a gap up tomorrow, I'll wait for a retest to enter.
Target for this is around $372.50. We do have potential for a lot more upside, I have other longer term targets but I think ATH is a good one for the near future if we keep going like this.
This is just a 15m, you can zoom out or see old ideas for longer term targets. For this week and maybe next I will be looking for a move up above last week's high that comes back for a retest around 358.64.TSLA is already up near those highs in overnight trading so it's possible we will gap and gap tomorrow if we open above $358.64. I wouldn't chase a gap up tomorrow, I'll wait for a retest to enter.
Target for this is around $372.50. We do have potential for a lot more upside, I have other longer term targets but I think ATH is a good one for the near future if we keep going like this.
Zlecenie aktywne
TSLA tried to break the range after open but couldn't do it. Now back in the middle of the range. I'm neutral until it breaks above high of day or below $348.73
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ko-fi.com/advancedplays/tiers
Short Thesis:
advancedplays.com/short-thesis.pdf
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes.
ko-fi.com/advancedplays/tiers
Short Thesis:
advancedplays.com/short-thesis.pdf
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes.
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