chrisatom

TSLA Value buy at $300

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NASDAQ:TSLA   Tesla
Following on from last Junes call to get long at $200 pre-split, the next value entry point i'm looking at is $300.

Big volume node at 300 lines up with lower bands on the daily (nearly 3 SD from daily 20 VWMA). Trending up on weekly, 300 is centre of the channel and the 20 VWMA which is a good pull back for a strong uptrend.

Not much else to say apart from with Tesla's cult following I expect every dip to be bought up so I hope it gets down to 300. Volume profile showing its a lot thinner below 390 so if it loses that chances are good.

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