JeffCheung

TSLA reaches the top of the mid term upwards channel

Long
NASDAQ:TSLA   Tesla
TSLA
After a month of rally, TSLA has reached the top of the mid-term upwards channel.
We may observe if it could further breakout the channel and continue its rally or retrace and retest the demand zone at 580 to 600, and perform consolidation.
The bullish momentum of TSLA is very strong, so only buying on dip is recommended, and you should know what I mean:)
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.