ContraryTrader

Tsla Q2

Long
BATS:TSLA   Tesla
Besides aapl Tsla had the worst quarter among big tech.
Price is in A downtrend but a bullish wedge is forming here. Also bullish divergence on the 1hour RSI and symmetrical triangle

The target move would be top of channe1 or 200EMA.

Best entry is a close above 183.. or a retest of Strong support at 172
Cut losses below 165
Comment:
If Tsla car sale beat we Invert H&S to 202 gap close.. if the sales stink we head straight to 164 gap close ..

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