TSLA Major Trendline Test
TSLA has finally sustained some strength after a big rally following the last earnings report. Another big move today after Q2 deliveries were better than expected. It has a shorter term bull flag breakout, but now it is nearing a major trendline that dates back to ATH in 2021.
I think this has potential for great opportunity. It will reject hard here, or it'll breakout of a multi-year downtrend which could spark a massive rally. Will be watching this closely, going to focus on longer term expirations because this a longer term trend and I don't expect everything to play out right away.
I think this has potential for great opportunity. It will reject hard here, or it'll breakout of a multi-year downtrend which could spark a massive rally. Will be watching this closely, going to focus on longer term expirations because this a longer term trend and I don't expect everything to play out right away.
Short Thesis:
advancedplays.com/short-thesis.pdf
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky, most traders lose money!
advancedplays.com/short-thesis.pdf
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky, most traders lose money!
Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.