Momentum Stock Alerts

Aug 12, 20161 min

Tesla (TSLA) - When Do We Buy? HINT ~ Not Yet

TESLA (TSLA) has been holding it's support lows since 2014 and as much as we love Tesla, the stock continues to be in a giant consolidation range or one giant symmetrical triangle as we can see in the chart below. We're waiting to get long in a big way on TSLA but as of right now, BotTrigger renders no buy signal.

-click to expand-

Like a sail-wind that catches strong winds for a rally, TSLA does not yet exhibit what's required to create a perfect storm/rally. Eventually that will change. Once favorable conditions match up with the requisite criteria being met, BotTrigger will strike a definitive signal.

We'll let our members know, first thing, via real-time mobile alerts once BotTrigger triggers a Buy signal.