TESLA - looking for support. 618 FIB. RETRACEMENT BLUE SHADED AREA - LINE.
A PULLBACK IS IMPORTANT ---- TO TAKE A PAUSE AND RECHECK before a ride can continue.
ALWAYS LOOK FOR SUPPORT LANES... to buy the dips when possible.
FROM NEW YORK TOP ANALYSTS:
The average price target is $603.83 with a high forecast of $1,200.00 and a low forecast of $67.00. The average price target represents a -14.28% decrease from the last price of $704.40.
Tesla stock has been on fire for a long time. Its share price rose by more than 600% since early 2020, making Elon Musk the richest person in the world. Bill Selesky (Senior Research Analyst at Argus Research) predicts the stock will rise above $1,000 this year. He considers it a share worth buying, even at the current price According to Selesky, investors can still achieve 20% returns and more. The Tesla Motors stock value is included on major US indices, such as NASDAQ and the S&P 500 Index.
One thing is certain: electric cars are the future and a fast-growing segment of car sales, which is evident from the Tesla share forecast.
Tesla is the undisputed leader in electric vehicles (EVs) anyway. It remains to be seen whether this will still be the case in the coming years in a market where many other brands are also strongly producing their own EVs.
A PULLBACK IS IMPORTANT ---- TO TAKE A PAUSE AND RECHECK before a ride can continue.
ALWAYS LOOK FOR SUPPORT LANES... to buy the dips when possible.
FROM NEW YORK TOP ANALYSTS:
The average price target is $603.83 with a high forecast of $1,200.00 and a low forecast of $67.00. The average price target represents a -14.28% decrease from the last price of $704.40.
Tesla stock has been on fire for a long time. Its share price rose by more than 600% since early 2020, making Elon Musk the richest person in the world. Bill Selesky (Senior Research Analyst at Argus Research) predicts the stock will rise above $1,000 this year. He considers it a share worth buying, even at the current price According to Selesky, investors can still achieve 20% returns and more. The Tesla Motors stock value is included on major US indices, such as NASDAQ and the S&P 500 Index.
One thing is certain: electric cars are the future and a fast-growing segment of car sales, which is evident from the Tesla share forecast.
Tesla is the undisputed leader in electric vehicles (EVs) anyway. It remains to be seen whether this will still be the case in the coming years in a market where many other brands are also strongly producing their own EVs.