TSLA: Technical Outlook

5. Dez. 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. Dez. 2023

Anmerkung

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

5. Dez. 2023

Trade geschlossen: Ziel wurde erreicht

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

5. Dez. 2023

Anmerkung

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

5. Dez. 2023

Trade geschlossen: Ziel wurde erreicht

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

5. Dez. 2023

Anmerkung

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