TSLA bounces to $439 off double-bottom

8 באוק׳ 2020

TSLA bounced off $408.5 low yesterday after-hours. This was the second bounce off this price for TSLA in the last 3 trading days, forming a double-bottom, which is a bullish pattern.

TSLA had a strong bullish day today and more importantly it's once again above its hourly 13 EMA and 30/50/100/200 SMA averages.

Our target for TSLA is $439 which is 161.8% of today's high.

Happy trading!

8 באוק׳ 2020

עסקה סגורה: היעד הושג

TSLA had a nice move up to $439 this morning before correcting some. Hope you were able to take some profits along with me. TSLA has more upside ahead and I'll be adding new trade ideas.