Hello Traders, welcome to today's analysis of Tesla.
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Explanation of my chart analysis:
Tesla has been trading in a triangle continuation pattern for a very long time now. We saw the same type of pattern back in 2019 followed by a 1.500% pump. A breakout above the current resistance trendline could lead to a similar price behavior.
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I will only take a trade if all the rules of my strategy are satisfied.
Let me know in the comment section below if you have any questions.
Keep your long term vision.
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Explanation of my chart analysis:
Tesla has been trading in a triangle continuation pattern for a very long time now. We saw the same type of pattern back in 2019 followed by a 1.500% pump. A breakout above the current resistance trendline could lead to a similar price behavior.
--------
I will only take a trade if all the rules of my strategy are satisfied.
Let me know in the comment section below if you have any questions.
Keep your long term vision.