Tesla
Long
Updated

Tesla - Ending 2024 With A Parabolic Rally!

Tesla (TSLA) is clearly not done for 2024:

snapshot

Click chart above to see the detailed analysis👆🏻

Despite (or maybe even because of) the strong rally during November of 2024, Tesla is clearly not done with its bullish plans yet. Market structure, cycles and also price action are all pointing to a stronger move higher and we will see at least a retest of the previous all time highs.

Levels to watch: $420

Keep your long term vision,
Philip (BasicTrading)
Trade active
Trading update on Tesla (TSLA):

snapshot

Click chart above to see the detailed analysis👆🏻

After already rallying an incredible +40% in November, bulls are still 100% in control of Tesla and December is starting strong with another push of +12% so far. It is quite likely that we will eventually see a deeper retest of the previous all time high, which could certainly be followed by a major breakout.

Levels to watch: $420

Keep your long term vision,
Philip (BasicTrading)

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