Tesla
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Tesla Gaining Momentum

Tesla has broken out that rectangle after the initial 10% move and today retested.

Stops can be placed below the rectangle and we can see a move towards 290 in no time.

If that happens, will update the analysis because longer term Tesla chart is looking extremely bullish.

Fundamental Key Takeaway:

Tesla is undercutting the competition and new entrants like Lucid, Rivian and Fisker are feeling the pinch. Model 2 will be another source of huge revenue down the line.
Chart PatternsFundamental AnalysisRectangle

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