TSLA: Hit our target! What's next?
Hello traders and investors! Let’s see how TSLA is doing today!
TSLA has been killing its bears recently, and yesterday it finally hit our target, filling the gap at $ 732.61. Have no bearish structure, and there’s nothing telling us that it’ll drop. The support at $ 729.87 is a key point for us, and only if TSLA loses it, we might see a correction.
The 21 ema is pointing up, and we have a series of higher highs/lows and everything is telling us that TSLA is just heading to our next target.
In the daily chart, it is easy to identify the strong bull trend TSLA, and the $ 753.77 is the next target. The volume is increasing, and it is looking good. I see the $ 753 as a minor resistance, and the $ 780 is better to work with in the mid-term.
Just like in the 1h chart, the 21 ema is pointing up, we have higher highs/lows, and we have a strong bull trend in the short, mid, and long-run. If we see a bearish structure in the 1h chart, by losing the $ 729, then we might finally see a correction. But for now, we are doing great.
If you liked this analysis, remember to follow me to keep in touch with my daily studies.
Have a good day.
TSLA has been killing its bears recently, and yesterday it finally hit our target, filling the gap at $ 732.61. Have no bearish structure, and there’s nothing telling us that it’ll drop. The support at $ 729.87 is a key point for us, and only if TSLA loses it, we might see a correction.
The 21 ema is pointing up, and we have a series of higher highs/lows and everything is telling us that TSLA is just heading to our next target.
In the daily chart, it is easy to identify the strong bull trend TSLA, and the $ 753.77 is the next target. The volume is increasing, and it is looking good. I see the $ 753 as a minor resistance, and the $ 780 is better to work with in the mid-term.
Just like in the 1h chart, the 21 ema is pointing up, we have higher highs/lows, and we have a strong bull trend in the short, mid, and long-run. If we see a bearish structure in the 1h chart, by losing the $ 729, then we might finally see a correction. But for now, we are doing great.
If you liked this analysis, remember to follow me to keep in touch with my daily studies.
Have a good day.
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Feragatname
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