a bullish run to a safe zone above $1,760 doesn't seem too far-fetched - especially that the daily view supports it.
TSLA pulled a 13% up day with the excitement around the 5-1 split - and that day pulled it out of the supply into the demand mode - a projection using a similar move to the prior run end of June/wk1 July shows a possibility of breaking into the $1,800 territory even before the split - and there will be a lot of hyping-up of the price in the next few days if the market supports it (with "green" days)
note: i finally FOMO'ed into TSLA with a small long position that i plan to hold for after the split.
TSLA pulled a 13% up day with the excitement around the 5-1 split - and that day pulled it out of the supply into the demand mode - a projection using a similar move to the prior run end of June/wk1 July shows a possibility of breaking into the $1,800 territory even before the split - and there will be a lot of hyping-up of the price in the next few days if the market supports it (with "green" days)
note: i finally FOMO'ed into TSLA with a small long position that i plan to hold for after the split.
Comment:
easy now -- don't scare it away :)
