Swing Trade Opportunity in Tesla (TSLA)

about 1 month ago

Ed Carson

"This one a big mover today. Up 6% and revving above this buy point of 367.71. I think people could consider taking a swing trader attitude because of this up, down, up, down. If there is that surge of about 30% from here, you might consider taking partial profits to lock in gains."

Tesla is showing a strong breakout signal with a 6% gain and trading above a critical technical buy point of 367.71. The stock is establishing higher highs and higher lows, suggesting a viable swing trade setup. Investors are advised to consider entering the trade now and potentially take partial profits if the stock surges by around 30%, thereby managing risk and locking in gains.

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