Tesla
Updated

TSLA at an inflection point

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TSLA weekly chart shown wirh Mcginley indicator (a trend following indicator) and cycle oscillator. Whilst price currently shows a negative bias, I believe price has reached an inflection point as the market seeks direction. Those waiting to buy the dip should wait patiently for entry opportunities upon confirmation of momentum and volume.
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At closing price of $347 today, share price is up over 40% from my initial post. Personally my gains were not as significant as I was waiting for certain indicators to confirm

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