As shown on the daily chart TSLA started the cup of a cup and handle pattern
in early May and completed the cup in mid-August The handle then formed.
Central to the trading of the cup and handle is that upon clearing above the
price level of the top of the cup, the stock will begin bullish continuation.
TSLA is now at the top of the cup and potentially in continuation.
Setting a buy stop slightly below the current price with a stop just below
the top of the cup at perhaps $306 would seem to be a low-risk long
trade setup.
in early May and completed the cup in mid-August The handle then formed.
Central to the trading of the cup and handle is that upon clearing above the
price level of the top of the cup, the stock will begin bullish continuation.
TSLA is now at the top of the cup and potentially in continuation.
Setting a buy stop slightly below the current price with a stop just below
the top of the cup at perhaps $306 would seem to be a low-risk long
trade setup.
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
