TSLA - $233-$235 KEY for UPSIDE

Hello people of the world! Here's your update in 5 minutes or less on TSLA!

It's going to be as simple as this: Close a daily above $235 and chances of the shorter term upside target being $265-$270 increase significantly. Right now, I don't see a trade that is worth the risk from a short term perspective. We really need to see a good break of this important resistance.

FOMC is today so things will likely get a little more volatile today and will open the door for the Sep/Oct slump if that is going to happen this year. Elections are still a wild card and rate cuts are going to be a factor as well in all of this.

All in all, we need to wait for a break before making a move.