Tesla breakout tomorrow, either up or down

Jun 19, 2019

By end of trading tomorrow, Tesla will break out in either the upward or downward direction. For a long play, shoot for about 225 entry point in the first hour or 225.65 in the second hour and set a pretty tight stop loss.

Jun 20, 2019

Note

Breakout was downward. I picked up a small short position this morning after channel break.

Jun 21, 2019

Note

Tesla's upward triangle breakout today tells me it isn't truly entering a new down-cycle, it's just establishing a wider, gentler upward channel.