Nathan_Black

TSLA: Bullseye (again)! Next Key Points to watch [UPDATED].

NASDAQ:TSLA   Tesla
• In our previous post, when TSLA was around $195 I set a target around $179 - $177, if a top sign appears. It happens that TSLA did a Spinning Top, and it dropped sharply afterwards. Now it is below our original target – the link to my previous public analysis is below this post, as usual;
• Now, TSLA is just bearish, and so far there’s not a single bullish sign indicating a bottom;
• If TSLA reacts and closes above the $177 today, it might bounce to higher levels, like the 21 ema, or even to the $198 again;
• In the lack of bullish reaction, we can assume that it’ll seek the gap at $170;
• TSLA has been a very easy stock to trade, as its movements are all technical and precise. For now, let’s pay attention to these key points. I’ll keep you updated on this, as usual.

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