Tesla
Long

Top 5 Weekly Trade Ideas #4 - TSLA Bull Flag

459
We have a nice bull flag/wedge here on the 15m. I'll be looking for a break to the upside to enter longs targeting the recent swing high first. Could also be good to wait for a break and retest to enter.

For shorts, could look for an entry if the wedge breaks to the downside targeting the gap fill at $322.70. The best trade would probably come on a retest of the wedge after breaking below.

Longs have the best odds for now, just need to be careful with something moving like this.

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