TSLA Upwards Channel - Possible Long

1 juni 2023TSLA has been creating a strong upwards channel in which it is breaking out of the flag which was shown in the linked idea. If it does break out of this channel in the upwards direction (the current price to break out of would be around $208.17), then it may have around a 7% push upwards to a new smaller target of around $221.78.

2 juni 2023

Kommentera

Seems as if TSLA has broken the top resistance. If it continues its upward trend, the price target would be around $231.64.

4 juni 2023

Handel aktiv

Entered the trade at $208.48. Price target did change from the $221.79 level since TSLA did breakout of this parallel channel later. The new price target for this exact trade is $231.97. However, TSLA also does have a higher price target which it could hit of $242.46.

8 juni 2023

Trade stängt: målet nått

TSLA has officially hit the long price target! Congratulations traders!