Tesla is looking like a good buying opportunity here, having broken out of it's 203.68/215.23 consolidation zone and pulled back currently holding prior resistance turned support and it's 50Dma in blue I'm entering now with a 1/2 position and looking to add later. Targeting March 21'st high 61.8% retracement with stops below 203.68.
I'm being; "optimistically cautious here" as there is a lot of short interest in this stock and plenty of bad press regarding it's ambitions for 2018 and it's accounting practices.
Good Luck
I'm being; "optimistically cautious here" as there is a lot of short interest in this stock and plenty of bad press regarding it's ambitions for 2018 and it's accounting practices.
Good Luck