Tesla has been performing very well in the last 2 years and I anticipate it to continue doing well. We see our bullish trend respected however we have now seen a bullish pennant forming which allows the stock to make corrections withing the pennant in the form of a consolidation.
I now expect the stock to reach the resistance f the pennant and retrace to the support line which lies on our bullish trend line and then continue with its bullish nature to bring the stock to a new all time high.
Disclaimer
NASDAQ Guru offers general trading signals that does not take into consideration your own trading experiences, personal objectives and goals, financial means, or risk tolerance.
I now expect the stock to reach the resistance f the pennant and retrace to the support line which lies on our bullish trend line and then continue with its bullish nature to bring the stock to a new all time high.
Disclaimer
NASDAQ Guru offers general trading signals that does not take into consideration your own trading experiences, personal objectives and goals, financial means, or risk tolerance.