Tesla bounce near 200 daily EMA

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i have entered a short term long in TSLA
multiple signals show the stock is highly over sold in the short term. For example the four hourly rsi hitting 19 after the recent bad news about poor EU registration numbers for Teslas and the 200 daily Ema at $303. SPY is also over sold hitting the 100 daily EMA. I'm expecting $310 by friday then higher depending on spy/the overall market.

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