$Tesla Motors(TSLA)$ ๐๐ ฑ๏ธ Uอ Lอ Lอ Iอ Sอ Hอ ๐บ
๐ฅ๐ฏ Teslaโs Chair Pattern Rules
Kia ora Tiger traders!
Tesla is taking the Chair Pattern to the next level, trading at $440.30. With $437.20 still holding as the golden base, TSLA looks ready to make a bold move into wave 5. Buckle up, this could be the breakout weโve been waiting for!
๐ฏ Fibonacci Targets:
โข $469
โข $504
โข $544
๐ฏ Key Support Levels:
โข $439
โข $453
โข $461
๐ March Calls Worth Watching
Options expiry (Opex) could open up an exciting buy zone. Bold traders might eye March $500 calls for a potential jackpotโwill TSLAโs momentum turn this into a golden trade?
๐ Whatโs Happening Now
Tesla remains firmly within the Chair Pattern, with a strong structure supporting its climb. Wave 5 could launch us to $544, but $504 may act as a key checkpoint along the way.
Hey Tiger traders, are you taking a seat for the ride to $544, or hedging against resistance at $504?
๐ก TigerGPT: How often has TSLA followed through with Fibonacci-based targets after similar patterns, and what could make $544 a high-probability zone?
Happy trading ahead! Cheers, BC ๐๐๐๐๐
@Tiger_comments @TigerPM @TigerPicks @TigerStars @Daily_Discussion @TigerGPT
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Based on the available information, it seems that there is no specific news or analysis regarding Tesla's movement towards Fibonacci-based targets or the probability of $544 being a high-probability zone. The movement of Tesla's stock may be influenced by factors such as market sentiment, broader market conditions, and stock capital flow.
Given the lack of specific data or analysis, it is important to exercise caution and conduct further research and analysis before making any investment decisions. It is recommended to consult with a financial advisor or conduct your own in-depth analysis of Tesla and the market before making any trading decisions.
Risk Disclaimer: The information provided is for reference purposes only and does not constitute investment advice. Trading stocks involves risks, and it is important to carefully consider your investment objectives and risk tolerance before making any investment decisions.
I love your posts, as a new trader they gave helped me heaps.
Got a quick newbie question.. Which platform do you use to take the screen for the last chart that says TSLA big in red?
I have seen a lot of screens from that platform but I haven't been able to get which one is...
Thanks a lot for sharing with the Tiger community, it makes a big difference ๐
Great article, would you like to share it?
Great article, would you like to share it?
Great article, would you like to share it?
Great article, would you like to share it?
Great article, would you like to share it?