The markets correction is providing an opportunity for entry an amazing ETF. the cross point is around 88.50, with strong resistance support at around 84.50-81 levels.
With Battery Day looming, a potential rebound may occur (Tesla) Not to forget Nikola is battered with the resignation of Trevor, leaving few rivals to compete in the markets. For those whom one some positioning in Tesla but want to diversify and not to take huge position, this is a great alternative as the fund manager keeps a position on Tesla at around 10%.
point of entry for consideration between 86-88
Target Price based on 2 Nov Low TP - 95 High TP - 113
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.