TSLA Short Term Day Trade Opportunity for Tomorrow, September 25

-Tesla stock movement has consolidated into a symmetrical triangle pattern.

-RSI is not yet in overbought territory. This allows room for upward growth.

-ADX and DI indicators are showing a slight crossover, meaning that Bulls are gaining traction over Bears which is a Bullish signal.

-TSLA is moving in an Upward Trend Channel


Long Strategy- if Upper Resistance of Triangle is Broken:

Buy: $297-$298
Take Profit: at next resistance ($305)
Estimated Profit: 1.67-2.3%