It has been a while since I put my chart analytic on Tesla. I firmly believe Tesla has a lot of upside potential in the coming years, it is one of the best growth investment of this decade.
However, short term pullback is still expected ahead. Tesla has formed a structure of descending broadening wedge. We need to see Tesla break and close above recent high of 1152 before retesting all time high.
My expectation of an entry buy is between 964-907 based on fibonacci level and cluster of block order. A very good area to add up more long term position.
However, short term pullback is still expected ahead. Tesla has formed a structure of descending broadening wedge. We need to see Tesla break and close above recent high of 1152 before retesting all time high.
My expectation of an entry buy is between 964-907 based on fibonacci level and cluster of block order. A very good area to add up more long term position.