$TSLA Possible Measured & Fibonacci Target - $670 for Tesla Inc
ABCDE correction breakout which may very well back test trendline.
$500 is the ultimate resistance levels to cross for a major bull-run to commence.
Fibonacci and Flagpole targets are as in confluence at $670, not unthinkable
under a Biden presidency.
This is a technical assessment, have no bias in the stock, but do not expect moves like early 2020, stock has matured and has a settled investor base.
Kommentar:
Despite what many believe or don't understand is that TSLA has traded technically despite the seemingly parabolic year, Fibonacci is always there, just a matter of knowing how to use it.