TSLA was an idea from March 29 within 2 days we had a nice move up of 17%, since then it's pulled back a little which is not unexpected. Today it looks to be gathering steam again for a new leg up.
Original date the idea was posted.
Support holds on a minor consolidation
Yesterday we see accumulation into a lateral price zone (often that's when accumulation occurs)
This is part of a bigger bullish descending wedge with an implied price target of $35 so there's still plenty of potential
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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