Tesla (TSLA) broke this week above the All Time High (ATH) Lower Highs trend-line, giving a strong bullish signal. The pattern is replicating the break-out sequence of June 2021. In fact the whole Peak-Correction Cycle of January - June 2021 is identical to that of November 2021 - March 2022 (so far).
As this 1D chart shows, both patterns bottomed below the 1D MA200 (orange trend-line), with the RSI Double Bottoming around the 30.00 reading. What followed in July - September 2021 after the Lower Highs bullish break-out, was a slow Channel Up that ended violently with a parabolic rally just above the 1.5 Fibonacci extension level. That level is at $1650 from the recent market bottom so we are setting a target zone within $1500 - $1650 by the end of Q3.
* BONUS MATERIAL *
See how well another tech giant, Apple, is performing after our March 11 buy call exactly on the market bottom:

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As this 1D chart shows, both patterns bottomed below the 1D MA200 (orange trend-line), with the RSI Double Bottoming around the 30.00 reading. What followed in July - September 2021 after the Lower Highs bullish break-out, was a slow Channel Up that ended violently with a parabolic rally just above the 1.5 Fibonacci extension level. That level is at $1650 from the recent market bottom so we are setting a target zone within $1500 - $1650 by the end of Q3.
* BONUS MATERIAL *
See how well another tech giant, Apple, is performing after our March 11 buy call exactly on the market bottom:

--------------------------------------------------------------------------------------------------------
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
--------------------------------------------------------------------------------------------------------
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
👑Best Signals (Forex/Crypto+70% accuracy) & Account Management (+20% profit/month on 10k accounts)
💰Free Channel t.me/tradingshotglobal
🤵Contact info@tradingshot.com t.me/tradingshot
🔥New service: next X100 crypto GEMS!
💰Free Channel t.me/tradingshotglobal
🤵Contact info@tradingshot.com t.me/tradingshot
🔥New service: next X100 crypto GEMS!
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.