Tesla Hits Resistance: Correction or Continued Rally?
Updated
After Tesla's significant price surge, it has now reached a strong resistance level. From this point, traders may anticipate a price correction, potentially in the form of a minor pullback, before resuming the uptrend. Additionally, Elon Musk's recent statement that older Tesla models won’t support the self-driving feature could contribute to a further price dip. While our long-term outlook remains bullish, some volatility is expected in the near term."
Note
Correction occurring as expected. Trade closed: target reached
This aged well!
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