I made a previous call when 
TSLA at 196 based of an inverted Head and shoulders with a target of 240-244. We are currently 5% away from these levels. Feel free to check it out.
Tesla has just broken out of a strong descending resistance and is currently sitting above its Anchored VWAP from the highs. On the Daily, we had a gap up on volume indicating this could just be the beginning of the move with a target around 300 before eventually trying to claim the previous highs just as we have seen for Meta, AMZN, GOOG amongst others.
Tesla is just beginning to show strength and fundamentally, the long term perspectives of the company look bright. The FSD is going to generate positive sentiment for the company that will generate new sales for the company.
TSLA at 196 based of an inverted Head and shoulders with a target of 240-244. We are currently 5% away from these levels. Feel free to check it out. Tesla has just broken out of a strong descending resistance and is currently sitting above its Anchored VWAP from the highs. On the Daily, we had a gap up on volume indicating this could just be the beginning of the move with a target around 300 before eventually trying to claim the previous highs just as we have seen for Meta, AMZN, GOOG amongst others.
Tesla is just beginning to show strength and fundamentally, the long term perspectives of the company look bright. The FSD is going to generate positive sentiment for the company that will generate new sales for the company.
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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.