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fx_niek
May 16, 2021 12:23 PM

TESLA BACK TO THE 700$ AREA? Long

Tesla, Inc.NASDAQ

Description

tells stock is touching the major trend line together with a double top formation. I personally think based on this analysis that Tesla could go back to the 680$-700$ range.

I am still a rookie in this game so don't take this as financial advise. This is my first idea that I share so I would love to get some tips.

kindest regards, Niek :)
Comments
logicalProfile93336
I agree with you.. Also if you drow the Fib level it is 61.8%. To me, the long correction from an all-time high has bottomed.
iamjoeab
I agree . Inverse head and shoulder on the hourly which is a bullish formation. I think at the very least we test $650 this week , but I’m newish as well. To say the least TSLA is volatile and can surprise us in any direction. I play it week by week in opposed to long term.
kingloser
About tesla I guess the price doesn’t matter, what matters is it will be bullish for sure.
kingloser
I guess you are way look more professional Than the pros that sharing ideas without risk warnings
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