My thought on Tesla. Looks like the range between 180 and 280 is holding the price quite well. I guess the next possible move is the continuation towards 280$ by the end of the year. Let's see!
1. Not financial advice - do not follow it if in doubt.
2. Do not risk more than 2-3% of your account
3. Do not FOMO!
4. Always use stop-loss!
1. Not financial advice - do not follow it if in doubt.
2. Do not risk more than 2-3% of your account
3. Do not FOMO!
4. Always use stop-loss!
Comment:
I reviewed the chart and I would say that my previous target of 280$ by the end of the year seems too generous. It looks like it can go all the way to 300$ and beyond. However, I would expext a continuation of a downtrend when the current retracement will be over.