The Price Chart of TSLA is quite interesting as there are many price patterns forming.
In a birds-eye view, you can see a symmetrical triangle. Then, in the short-term, price is making an ascending triangle which is a bullish biased pattern. Interestingly, it has a breakout and retest is in its completion phase. Also, there seems an inverse head and shoulders pattern inside this ascending triangle that is again a bullish biased pattern.
In short, the TSLA chart looks super bullish. Here are the price targets according to the analysis:
#TSLA
Entry 740-790
TP1: 823
TP2: 898
TP3: 1050
SL: 556
What do you think?
In a birds-eye view, you can see a symmetrical triangle. Then, in the short-term, price is making an ascending triangle which is a bullish biased pattern. Interestingly, it has a breakout and retest is in its completion phase. Also, there seems an inverse head and shoulders pattern inside this ascending triangle that is again a bullish biased pattern.
In short, the TSLA chart looks super bullish. Here are the price targets according to the analysis:
#TSLA
Entry 740-790
TP1: 823
TP2: 898
TP3: 1050
SL: 556
What do you think?
