TSLA: Technical Outlook

5 בדצמ׳ 2023

In a 1h chart Tesla is currently in a consolidation. I'd expect a breakout in today's session. Since July Tesla has been trading in a big bullish flag (trend lines filled in blue), breaking above this formation should be seen as bullish indicator for long term trend. Areas plotted to look out for, combined with daily and weekly MAs to be used as S/R confluences.

5 בדצמ׳ 2023

הערה

I missed a 2 year trend line I saw on SquishTrade's analysis.

5 בדצמ׳ 2023

עסקה סגורה: היעד הושג

The breakout on the 1h chart was successful and stopped to the marked resistance area.

5 בדצמ׳ 2023

הערה

Updated 1h chart. At least a small pullback incoming to the upside.

5 בדצמ׳ 2023

עסקה סגורה: היעד הושג

First target of the pullback reached. 0,57% move caught.

5 בדצמ׳ 2023

הערה

Update on the 4h chart. The daily looks so messy I'll probably post a new one at some point.