$TSLA is running strong and has formed a cup and handle. It is overbought, but that hasn't bothered it before. It's also at the 38.2% fib, but look at the chart, there are no clear previous fib touches. This is a momentum stock, and I'd buy it TP 234.40, then 61.8% point, if not further.
Trade closed: target reached:
That worked
