I'm long TSLA but love charting it. The .382 target hit today. Daily uptrend line was tagged and there is a wick on the daily. Also this May be an A, B, C corrective wave taking place.
If that's the case a rally to about 770 is to be expected and another pullback may occur starting early April finishing at around 475.
Also note The 100 EMA was hit this week and tends to be a big buy signal.
I will be watching this and considering my hedging at the very early part of April.
Best of Luck to everyone out there!
If that's the case a rally to about 770 is to be expected and another pullback may occur starting early April finishing at around 475.
Also note The 100 EMA was hit this week and tends to be a big buy signal.
I will be watching this and considering my hedging at the very early part of April.
Best of Luck to everyone out there!