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TESLA Strong bullish break out.
Tesla crossed today over the Falling Resistance of the Bearish Megaphone.
This is a strong bullish break out for the short term, especially as long as the MA50 (1h) holds.
The Bearish Megaphone may transition to a Channel Up, so this is a buy opportunity.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 240 (+16.77% rise like the first bullish leg of this potential Channel Up pattern).
Tips:
1. The MACD (1h) formed a Bullish Cross, like October 31st. A technical bullish signal.
Please like, follow and comment!!
Notes:
Past trading plan:
This is a strong bullish break out for the short term, especially as long as the MA50 (1h) holds.
The Bearish Megaphone may transition to a Channel Up, so this is a buy opportunity.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 240 (+16.77% rise like the first bullish leg of this potential Channel Up pattern).
Tips:
1. The MACD (1h) formed a Bullish Cross, like October 31st. A technical bullish signal.
Please like, follow and comment!!
Notes:
Past trading plan:
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