TSLA: Technical Outlook

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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.

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ملاحظة

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

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أغلقت الصفقة: تم الوصول للهدف

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

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ملاحظة

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

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أغلقت الصفقة: تم الوصول للهدف

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

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ملاحظة

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