Tesla Has Gone Parabolic (Analysis 27 Oct 2021)
Tesla has certainly made many investors happy with the huge move on the Hertz deal.
Hence many FOMO were pouring into the run up which then selling starts to begin as profit taking starts.
Hence this resulted in a parabolic rise to Tesla's stock price. With a very big pin bar showing on yesterday, this could mean that Tesla will likely to crash back + fill the gap with the first resistance of $900.
Now the FOMO are trapped.
Hence many FOMO were pouring into the run up which then selling starts to begin as profit taking starts.
Hence this resulted in a parabolic rise to Tesla's stock price. With a very big pin bar showing on yesterday, this could mean that Tesla will likely to crash back + fill the gap with the first resistance of $900.
Now the FOMO are trapped.
Another Pin bar