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Bigsky_Crypto
Jul 7, 2017 12:26 PM

Corrected TSLA Idea 

Tesla, Inc.NASDAQ

Description

I made a correction to my previous chart - I corrected the left shoulder and added the possible downside after a bounce.

I am going way out on a limb with this. I know I am way too early but this is just one possibility I see for TSLA's price short term. Long term I still think it will be moving higher possibly to new all time highs.
There has been such a drastic pullback that a bounce is in order. I can envision that following the bounce the price could roll over down to the 200 MA, maybe around $280 before recovering. Of course I could be totally
wrong about this and the price could form a V-shaped recovery.
Comments
AL_G2
where is rsi indicator? if you do H&S pattern you need RSI or STOC RSI to gett a better feel
Bigsky_Crypto
@Al_g, Thanks, I will remember that for the future.
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