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Boring_Trader
Nov 1, 2020 8:43 AM

Tesla downtrend presents opportunity 

Tesla, Inc.NASDAQ

Description

Tesla prices are trading below its ema 20 days and could further drop. Its a short term short selling opportunity with targets at 50% or 61.8% Fibonnaci level.

Subsequently any bullish price action from 50% or 6.8% Fibonnaci level represents long term buying opportunities with targets towards the $400 and its all ATH level.
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