TSLA Update …

TSLA has been my favorite stock for trading during 2018 … I have made several posts about TSLA’s set-ups and I am looking once again at zones where resistance can be expected,  Here are the charts …

TSLA – Weekly Chart

The rising/broadening price pattern is still intact but the median line is likely to be formidable resistance here soon.

TSLA – Daily Chart

The Median Line resistance is around the $358 level.

TSLA – 195 Minute Chart

The 195-min chart is painting light blue candles warning me of an extreme move of price away from its slower moving averages.  Note that volume is tapering off as we get higher and higher on this expansion move.

Be on guard if you are long TSLA as we push into the $350 – $360 levels.

Cheers … Leaf_West

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