Trade Summary
Setup: Symmetrical triangle pattern tightening since March; volatility compression signals an imminent breakout.
Entry: On daily close above the triangle resistance (~$324)
Stop‑loss: Below triangle support (~$305)
Targets:
• Target 1: $375
• Long-term: $500+
Risk/Reward: ~2.5–3:1 (Initial target), higher for long-term hold
Technical Rationale
📈 Symmetrical triangle: Clear converging trendlines; price nearing apex after months of higher lows and lower highs
🔔 Volatility squeeze: Range compression increases odds of explosive move
⏳ Daily timeframe: Signals a swing/position trade opportunity with significant upside
Catalysts & Context
⚡️ Earnings season ahead could trigger a breakout
🌱 EV sector momentum and renewed tech leadership
🏦 Analyst upgrades and potential for macro rate cuts
Trade Management Plan
Entry: Wait for a daily close and volume confirmation above $324 resistance
Stop-loss: Tight initial stop below $305; trail to breakeven after breakout confirmation
Scaling: Partial profits at $375; let remainder run for $500+ if momentum continues
Poll
What’s your view? Are you watching TSLA? Comment below or vote:
🔼 Bullish
🔽 Bearish
🔄 Waiting for confirmation
Follow us for daily high-probability setups & real-time trade updates!
Disclaimer: Not financial advice. Trade at your own risk.
Setup: Symmetrical triangle pattern tightening since March; volatility compression signals an imminent breakout.
Entry: On daily close above the triangle resistance (~$324)
Stop‑loss: Below triangle support (~$305)
Targets:
• Target 1: $375
• Long-term: $500+
Risk/Reward: ~2.5–3:1 (Initial target), higher for long-term hold
Technical Rationale
📈 Symmetrical triangle: Clear converging trendlines; price nearing apex after months of higher lows and lower highs
🔔 Volatility squeeze: Range compression increases odds of explosive move
⏳ Daily timeframe: Signals a swing/position trade opportunity with significant upside
Catalysts & Context
⚡️ Earnings season ahead could trigger a breakout
🌱 EV sector momentum and renewed tech leadership
🏦 Analyst upgrades and potential for macro rate cuts
Trade Management Plan
Entry: Wait for a daily close and volume confirmation above $324 resistance
Stop-loss: Tight initial stop below $305; trail to breakeven after breakout confirmation
Scaling: Partial profits at $375; let remainder run for $500+ if momentum continues
Poll
What’s your view? Are you watching TSLA? Comment below or vote:
🔼 Bullish
🔽 Bearish
🔄 Waiting for confirmation
Follow us for daily high-probability setups & real-time trade updates!
Disclaimer: Not financial advice. Trade at your own risk.
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.
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.