Here we can see 
TSLA has completed a five and a half year-long consolidation forming a rectangle pattern. Looking closer, we can see a previous, smaller rectangle forming over the course of almost three years with a breakout in April '17 to new all time highs around price $387. There was a false breakdown of this smaller rectangle occurring around Q1 2016, but price reclaimed support and continued its consolidation.
Having completed the breakout of this chart pattern, I look forTSLA to keep climbing to new all time highs; targeting price: $596.50
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Cheers
TSLA has completed a five and a half year-long consolidation forming a rectangle pattern. Looking closer, we can see a previous, smaller rectangle forming over the course of almost three years with a breakout in April '17 to new all time highs around price $387. There was a false breakdown of this smaller rectangle occurring around Q1 2016, but price reclaimed support and continued its consolidation.Having completed the breakout of this chart pattern, I look for
TSLA to keep climbing to new all time highs; targeting price: $596.50If you found this idea to be informational or helpful, consider leaving a like or comment!
Cheers
Trade attivo
It seems that NOW people are talking about the electric car company, Tesla (TSLA), and the price of their stock. I was talking about their stock price being at this point weeks ago. Price is still climbing towards my target. Today it was just $2 short of reaching the target, but do not fear. I feel TSLA has a lot of momentum moving forward and we should easily reach this target over the next few days/weeks.
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Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.