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T3’s Trades of the Week: Is TSLA All Charged Up After the Long Weekend?

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Welcome to the latest edition of T3's Trades of the Week newsletter!

Have you heard about Redler Ultimate Access, Scott Redler's all-new education program?

Click here to learn about how you can learn Scott's best trading secrets..

Now let's jump right in to this week's trades and analysis:

1) Scott Redler on TSLA

TSLA is getting tight as the upper pennant builds. Some are long from the Red Dog Reversal at $339.72. If it can hold $351 and then clear $357.50 with authority, we can add for a trade.

Click here to learn about Redler Ultimate Access, Scott's all-new education program

2) Jeff Cooper on Advance Auto Parts (AAP)

I am watching AAP for a short swing trade. I would enter short at 97.50 and keep a stop at 99.50. My target for half of the position is 95.50. If it hits that target, I would cover half and move the stop down to 97.50.

Click here for information on Jeff's 181-page trading case study

3) Kurt Capra on USDJPY

USDJPY bounced hard last week after taking out the prior pivot low. This morning it is trying to push back down. The action here should not come as a complete surprise as this area is a long term support level.

A decisive break and close under this area will signal a much more significant move lower is to come. I am looking for this to move back to the prior low as a first step.

Click here for Kurt Capra's forex trading case study

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