Threee reasons why. I bought Tesla (TSLA) Today:
1. It's cool
2. Uptrend on Daily chart
3. Growing volume on Daily Chart (As you can see down on the linked picture)
What’s crazier than a 700b market cap company trading 20% above the 20d? How about a 1.2 TRILLION market cap company trading 20% over the 20d!?!?! Insane times we are living in. But the difference here is that this name has already had some pullbacks that held. As crazy as this sounds, I would actually like to see this head higher first. Yeah, I am one sick son of...
Ignore the swing idea on here as that idea is complete and nothing left to do with it, but I like to keep old ideas on the charts so that I can look back at things later on. But this is really starting to speed up and get some real separation from the 20d. But keep in mind that it already pulled back since the initial big move up, and it clearly showed the ability...
The stock has been consolidating since last 3 quarters, It has formed a penant in that period which is a trend continuation pattern... So I m bullish on it.
BUY : 622 TO 706
TARGET : 1187
Reason For Buying This Script :
After long term triangle pattern , Now the pattern has broken . Use this opportunity .
Note :
Above given levels are based on monthly & weekly time frame . So be patience it will take some days to achieve the target.
ALL THE BEST ..
the tesla likes her some blue. she fell into purple but recaptured the averages and is poised for take off. will she go or will she melt under? if we are heading for a blow off top, why not lead with the s&p 5. it ain't quite right for the market to run away like this but if you can't beat em....
