Tesla - Breakout leading to four digits!

3 Jul

TSLA is attempting to break out of the long term descending triangle consolidation.



If you cannot wait patiently for your textbook setups, there is no chance you will make money trading. For almost four years, Tesla has been consolidating in a huge triangle formation. And it seems like Tesla is finally breaking out towards the upside. This breakout was actually not unexpected at all and provides a very high probability trading opportunity in the near future.

Levels to watch: $250

Keep your long term vision,
Philip - BasicTrading