$Tesla Motors(TSLA)$Above $500 Could Trigger One of the Most Violent Mega Cap Breakouts of the Year
Tesla has been consolidating since 2022 and hasn’t seen a break of ATHs with momentum since. When
$Tesla Motors(TSLA)$ breaks above 500 this time around it will move to 700 within a couple of weeks.
The $400 break last week sent
$Tesla Motors(TSLA)$ flying towards 430, and the break and retest of 430 today sent it right to $450. Get thru 451 and a test 500 can come next.
Linked an upcoming meeting between Elon Musk, President Trump and President Jinping, and a massive rally after months of consolidation, a $500 test is likely in the coming weeks
The Trade Idea 📈
$Tesla Motors(TSLA)$above 451
Swing: TSLA 6/18 550C
Day Trade: TSLA 5/15 460C
When a stock consolidates for as long as Tesla has the move that comes after tend to be extremely aggressive.
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