Tesla Cup and Handle Formation setup for Breakout tomorrow!
Tesla has formed a nice Big Cup and Handle formation after a Blowout earnings and surprise Profit, while reaffirming its guidance. The Company just announced it will unveil its the Highly Anticipated Cyber Truck in 2 weeks and rumored to start deliveries of its Model 3 out of its Shanghai Gigafactory on Monday Way ahead of schedule. Short interest is massive and they started to squeeze but have pushed the stock down into this Cup and Handle formation. A crazy bullish setup in the MOST SHORTED stock. S&P also just upgraded its Debt from negative to positive yesterday. Tomorrow will be huge and shorts are pressed on friday. Elon Hates them so he is sure to help inflict pain, and has set the stock up with an announcement every week this month to ensure they get squeezed out. Get long.
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