It appears TSLA has just finished it's latest massive move up and is transitioning to a distribution phase. If TSLA cannot recapture the upper $1500 level, I would wait to re-enter. If it does however recapitulate above the $1600 level, it does have more room for newer highs. Personally, I think it's due for a decently sized correction.
Potential Re-Entry range: $1,250 - $900
Note: This is a very wide range, we need more price action to confirm a more specific re-entry price.
Potential Re-Entry range: $1,250 - $900
Note: This is a very wide range, we need more price action to confirm a more specific re-entry price.