Tesla
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Tesla

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We can see three different patterns in 3 time frames namely trend consolidation, falling wedge and rounding top. 200 is rounding bottom pattern completion zone and can act as a strong support.

Buy above 209 with the stop loss of 207.5 for the targets 211, 213 and 215.
Sell below 205 with the stop loss of 207.5 for the targets 203.5, 200.5 and 198.

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Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
You are responsible for whatever you do.
Note
Towards consolidation zone. snapshot

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