$TSLA 2020-DEC-08

𝗜𝗦 $𝗧𝗦𝗟𝗔 𝗥𝗔𝗟𝗟𝗬𝗜𝗡𝗚 𝗔𝗛𝗘𝗔𝗗 𝗢𝗙 𝗕𝗘𝗜𝗡𝗚 𝗔𝗗𝗗𝗘𝗗 𝗧𝗢 𝗧𝗛𝗘 𝗦&𝗣𝟱𝟬𝟬?

Not much to discuss here from a technical point of view, however the new week has started exceptionally strong for Tesla. Outside of Musk moving to Texas, the only real news is the S&P500 update next week. I don't generally believe that getting added to the SPX is going to change the world, but if enough people buy into it - it becomes a self fulfilling prophecy.

There is a lot of room left in the channel, with a theoretical move to $850 being well within the range of movement we could expect. Maybe Tesla will need to do another stock split before year end...