Without a strong catalyst, how bulls can win? its obvious from June the increase has been sharp, I think it will settle on 300 and start increase steadily long term
DanielBeasley
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@ASam_ maybe, I'm very neutral here. but for argument sake, if I'm a bull this is what I would selling. the sharp dip naturally has people worried just as always, but tye comparison to the sharp rise of tesla with dip is actually very healthy. pointing to the 50ma we see that this retract is perfectly healthy in comparison to the monumental run that tesla has put up. Untill this level is broken there is no reason for a bearish argument . To further support the technicals Elon has claimed that earnings will show a drastic increase and also has plans for even yet another source of revenue in the future.. now once again my personal view is simple, wait and see some confirmation or swing trade it. have a plan, execute your plan, and who cares what it does.