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Bluecaller
Jul 22, 2021 8:23 AM

Not ready to go yet 

Tesla, Inc.NASDAQ

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Long term bullish, but TSLA is not ready to move up yet. This flag is still forming. It needs to consolidate a little more, and break that upper resistance. I can see it revisting 600 again and that will be the right timing IMO. Often stocks with mega runs need a year of sideways action. TSLA is hot enough that it will probably return to ATHs in the fall.
Comments
noragrets1
honestly, the cpi and the q2 earnings are going to weigh down the stock price IMO. the superficial BTC loss is gonna make headlines and margins probably took a hit due to supply constraints. q3 has sass income as well as a better supply chain. probably going to average in if it breaks down below 600
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