Tesla
Long

TSLA LONG?!?!

In the video above you'll see Tesla initially in a Daily (1D) timeframe with the yellow trendlines and white resistance/support lines. After zooming into the 1 hour (1H) timeframe, you will see Tesla making a retracement to the 78% Fibonacci Ratio, indicating a slower, but steeper incline with Take Profit levels at the 100% retracement ($282.46) TP1, -27% retacement ($286.71) TP2, and -61.80% retracement ($292.34) TP3. If Tesla continues with volatility and bullish rally, then we can possibly see it climb all the way to the daily resistance at $314.59. Let's see how this plays out! This is by no means trading advice, just my opinion.
Chart PatternsFundamental AnalysisLONGteslaTrend Analysis

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