FxSniper_

TSLA: Tesla another attempt to make high? or Double top!!

NASDAQ:TSLA   Tesla
Price likely to head up after breakout but heading up to form a double top for which i am expecting price to make a pullback down to level 340$ . if we see we are still above 200ma so every pullback is an opportunity to buy low as trend is totally bullish. if we look at cci indicator we still have room for buys but i would go for short once we make double top for my targets given above . The frequency of gains in the last month of an election year is higher than the historical average. fundamentally stocks are rising high but we might see this little correction after official declaration of US PRESIDENT. Overall we are bullish
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