mistera123

Tesla Retracement

Long
mistera123 Updated   
NASDAQ:TSLA   Tesla
61.8% retracement at around $470 seems like a good place to consider rebuying $TSLA as this would put us back to the pre-Q4 earnings price and pre-parabolic run up. This all depends on the overall market. If $TSLA does get to this price and the overall market is healthy, we could see positive earnings in April sending $TSLA much higher.
Comment:
This should should be considered neutral given the overall conditions of the market.

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