basictradingtv

Tesla - Clear flag formation!

Long
BATS:TSLA   Tesla
Hello Traders and Investors, today I will take a look at Tesla.

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Explanation of my video analysis:

After the triangle breakout and the bullish break and retest on Tesla stock back in 2020, we saw a significant rally of 1.500% towards the upside. For 3 years Tesla has now been trading in a decent bullish flag formation and just broke an important support area towards the downside. However at the moment Tesla is literally in no man's land so it is better to wait for the next retest of structure.

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Keep your long term vision,
Philip (BasicTrading)

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Keep your long term vision.
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