Close to earnings, TSLA is sitting on a very good cluster. It's not just the nice 1:2.6 consolidation, TSLA is also hitting the MA 200,100,50,20, Fib 50, tight BBs looks good to me. The chance of a new bullish move is probably high if we get new momentum after earnings. If i see more then 1 rel. volume i like the trade more.
Looking at the weekly view, we can also see that the 50 and 20 weekly MAs are close.
I would watch the breakout first and then maybe wait for a retest. But let's wait and see what happens.
SL: I think the half ATR below the $600 key level should be fine and 10% below the last ATH could be a realistic target
Nota
trade is active. good earnings, little volume increase. bought first position, maybe add some more if there are rational technical reasons
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