Tesla's Electrifying Rally

The Genesis of Our Tesla Trade 📈

Our journey with Tesla began on June 4th when we identified an opportunity around the AVWAP. There was a large inverse head and shoulders pattern forming, and we wanted to jump the breakout with an early entry. We highlighted a tight stop loss with a close on the daily chart below 168.84, setting us up for a swing trade. This was our initial signal that Tesla was gearing up for a significant move. Here’s a snapshot from inside the Investment Intelligence Discord:

Momentum Signals and Continued Updates 📊

By June 26th, we saw more momentum building up. Our technical analysis had already highlighted a bullish inverse head and shoulders setup on the daily chart. Now we were looking for momentum to breakout and give us confirmation of the move. We shared another update with our Discord members:

Last Sunday, we confirmed our bullish stance again, noting that Tesla was still below its Anchored VWAP (AVWAP) from the Jan 2023 bottom. But also pointing out the RSI breakout, MACD crossover, and Volume Pocket. The chart speaks volumes:

Celebrating a Killer Move 🚀

Today's explosive move has not only validated our analysis but has also surpassed our initial target of 200. Here's the latest chart showing Tesla’s spectacular rise:

This trade has been a textbook example of how combining technical analysis with timely updates can lead to remarkable gains. It is often said that price precedes news. A big congratulations to everyone who joined us on this exhilarating ride!

^{Investment Intelligence Disclaimer: This article is for informational purposes only and not intended as investment advice. Always conduct your own research before making any investment decisions.} 🚫🤑^{Investment Intelligence is a financial publication of general circulation and provides impersonal advice, not tailored to individual needs. The comments or statements made in our newsletter do not necessarily reflect those of Investment Intelligence or its affiliates and should not be considered as buy or sell recommendations. Unless explicitly indicated, the content of any email communication from Investment Intelligence is not an official confirmation of any transaction. The recipient acknowledges that any use of this transmission and its attachments is at their own risk, and Investment Intelligence accepts no responsibility for any loss or damage arising from their use. It is the recipient's responsibility to ensure the emails are virus-free. Please note that we are a public investor and do not seek any material non-public information. We do not agree to keep any information confidential unless pursuant to a written confidentiality agreement executed by Investment Intelligence. Investment Intelligence does not agree to any restrictions on our trading activity, except as specified in a written agreement. Affiliate Disclosure: Investment Intelligence may be affiliated with certain entities and may receive cash compensation for referrals of clients who open accounts with those entities. Investment Intelligence may also receive compensation from product sponsors related to recommendations. Please be aware that by subscribing to Investment Intelligence, you agree to the terms and conditions outlined in this disclaimer. If you have any concerns or questions, please do not hesitate to contact us. Thank you for being a valued member of our community.}