TSLA BUY+++ WEDGE FORMING $339 first target

13 thg 7

TSLA, like AAPL, is forming a bullish wedge which likely will break to the upside. First target is $339 at wedge resistance then will reevaluate

27 thg 7

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TSLA is still a buy regardless of the obvious earnings miss that was NO SURPRISE to anyone. Seems the wedge is still in tact. I have traded TSLA several times since posting this mostly on lower time frame 5-30 minute. Theta decay is a killer on these higher IV stocks so in an out, in and out, and, if you get "stuck" in a position so long as you have the direction called correctly one would simply ADD to their position