Tesla update #4
I was yet again wrong in my phasing. We were apparently not exiting phase C but just entered it. The bottom is probably where it is now around 720-700 as this was roughly the resistance from the last years accumulation. The target long term is still around 1680 could possibly also go to 1760 now. We should see a strong reaction up soon as Tesla is currently in the "spring" area.
Note
704 is weekly support so better there than 720.Note
first target is 886.
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Disclaimer
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.