SynergyTradingSetups

TESLA ready to start it's run? Long with a 300$ TARGET

Long
BATS:TSLA   Tesla
Tesla has been one of the worst performing NASDAQ100 listed stocks for the past year.

Now its the time for the trend to change. In our humble opinion of course.

We finally have an actionable set up with a falling wedge and the completion of a bullish 886 harmonic. The trade set up is standard and what really were looking for, for a long term run, is a break and confirmation of 180$, as shown below.


The 4h targets are traditional targets for the 4h set up.
Comment:
Trading above the level again now, give us a backtest or a fib retrace and we're long again. NO CONFIRMATION YET

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