Gap Opportunity Setup - TSLA
$Tesla (TSLA.US)$ is poised for an upward move, as hinted by TA patterns ahead of its earnings. Tesla's recent product event was not only impressive but also very promising, further solidifying my bullish stance on the company.![]()
Consider the potential emergence of an "Island" pattern. If TSLA remains stable at its current level and gaps up post-earnings, it would be a clear technical signal for a long position. The Island pattern typically indicates a consolidation phase followed by a sudden and significant breakout, often resulting in substantial gains.
It's important to note that this optimistic outlook is primarily based on technical analysis, rather than fundamental factors. However, the technical indicators align well with Tesla's continued progress and innovation narrative.
By the way, I stumbled upon this – Moomoo&TradingView have partnered up! A total victory for the TA crew!
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TA fan | People overreact all the time and the chart helps us make use of that
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mrmerk81 : I expect best case a push for $230
OfficeOne : $Tesla (TSLA.US)$ remains my heaviest stock position
slam-dunk-1 : If we have earnings up and this will FOR SURE move the stock about 10% after hours.