nmike

TSLA cloning for targets

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NASDAQ:TSLA   Tesla
28
I've drawn a reference triangle connecting a H- L- H swing points. I'm using the apex of clones as future price targets. Currently we can see that TSLA has come very close to hitting a triangle apex target at 261.9ish,note that weekly candle has not finished painting. At this point my best guess is that TSLA will pull back to around the 239 level before hitting the next target at 284.6ish. We have negative divergence but not supported by candle reversal patterns and RSI is still rising.

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