carrering_official

TSLA Bull Flag 1Hr - could this be it?

NASDAQ:TSLA   Tesla
TSLA has been choppy and trading in a channel for 2 straight days now. this is mostly due to outside pressure from the non-farm payroll report, stimulus inaction, short Michael Burry. despite all the selling pressure the stock as oscillated between 590 and 595. Scaling out to the hourly view I see what looks like a bull flag forming. so if we have a breakout at end of the day maybe we have a chance. but it needs to break past 600 and stay there to confirm. if it does i see a swing over the weekend. and we can open on monday in the low to mid 600's. cautiously optimistic. as always never play what you would lose sleep over. i'm using profits for a small swing play. happy trading!
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