Target: 215
Tesla started to retrace down from the descending multi-year resistance. I expect a drop to the next strong support level around 215. Unfortunately a company with a large CAPEX like Tesla might underperform in a bear market. My very long term view is a buy. But for now, I'd want a fairer valuation before I buy.
Tesla started to retrace down from the descending multi-year resistance. I expect a drop to the next strong support level around 215. Unfortunately a company with a large CAPEX like Tesla might underperform in a bear market. My very long term view is a buy. But for now, I'd want a fairer valuation before I buy.