Time for entry long, price target to 299. If bullish momentum continues to pour in with a greater volume than that of the bears we may be due for price action to retest previous highs. Since hitting a low of 194, price has at heavy support most recently around 248. Price has been deemed cheap there has been a lag effect in regards to Tesla gaining in price but Dec and onwards may be the time.
Moving average convergence divergence lines are crossing above the histogram signaling volume pouring in and can give the much needed boost.
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