Charging Ahead: Tesla's Journey to Becoming the Next NVIDIA🚀 🚀 🚀 NASDAQ:TSLA Extremely bullish outlook.
The weekly chart just closed last week with a huge bullish range expansion and engulfing bar closing above previous weekly highs signaling BULLS ARE BACK. Price has now completely changed from bearish to bullish. We are now making higher lows and higher highs.
Do keep in mind that a retrace even towards $220’s is still possible, in case this happens this will be the IDEAL LONG ENTRY although it is very unlikely.
From a MACRO perspective, this is one stock that looks ready to finally pump to new all time highs so forget about short time frames trading and focus long term and build your positions by dollar cost averaging your way in.