Bullish MACD crosses on this time frame have been followed by significant price rallies on
TSLA
stock. Although we are approaching a previous unfilled gap and trend line , we still see further gains to come for $TSLA. If
TSLA
can hold the current support of $264, it will push much higher.
Targets (🐂 & 🐻) :
🐂 Targets :
First Target ~ $289 (GAP Fill)
Second Target ~ $316 (Resistance)
🐻 Targets :
First Target ~ $248 (50 SMA)
Second Target ~ $238 (200 EMA)
**Note 1 ~ Tread carefully with FOMC Wednesday (September 20 @ 2:00 PM) as FOMC events are known to skew volatility
TSLA
stock. Although we are approaching a previous unfilled gap and trend line , we still see further gains to come for $TSLA. If
TSLA
can hold the current support of $264, it will push much higher. Targets (🐂 & 🐻) :
🐂 Targets :
First Target ~ $289 (GAP Fill)
Second Target ~ $316 (Resistance)
🐻 Targets :
First Target ~ $248 (50 SMA)
Second Target ~ $238 (200 EMA)
**Note 1 ~ Tread carefully with FOMC Wednesday (September 20 @ 2:00 PM) as FOMC events are known to skew volatility
Comment:
Bear Targets reached, now time to see upside on
TSLA
TSLA