Hi Traders, As you can see on chart, Tesla started Parabolic move Up. It usually DONT end´s good for long-term bulls. (Hodlers)
I expect that last few days are just liquidations of short-traders (mind the gaps :D ). So YES it can go higher.
In this moment I will NOT touch this stock even with a stick untill correction will happen.
Best would be if we reach area 290-270 USD. Then I am willing to buy. Another area for partial buy is Yellow tredline. Around 370 usd.
Trade safe.
Good luck ;)
I expect that last few days are just liquidations of short-traders (mind the gaps :D ). So YES it can go higher.
In this moment I will NOT touch this stock even with a stick untill correction will happen.
Best would be if we reach area 290-270 USD. Then I am willing to buy. Another area for partial buy is Yellow tredline. Around 370 usd.
Trade safe.
Good luck ;)
Trade closed: target reached