Tesla has been in downward moving channel for 30 weeks. If Tesla delivers a record number of cars in this quarter, the stock will have significant upside potential. There is also 7 week triangle formation in the making. Triangle can be both continuation and reversal types. I believe if tesla delivers in this quarter, stock will move up. I am planning to invest around 219$ and my initial target is 244$(11%). My stop loss will be 181$(20%).
Comment:
STILL WATCHING