FluxTrades

$TSLA - Bullish Pennant Trade Thesis

Long
NASDAQ:TSLA   Tesla
Fairly simple trade this time!

After $TSLA's run these past two months, we've created a textbook bullish pennant on the four hour chart. We will likely see an aggressive breakout to the upside within the next few days. That being said, I'm not opposed to playing this ticker to the downside either if we get some bearish price action leading into Friday.

Standard technical pattern, standard trade! Have your alerts ready!

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