Tesla may be bullish soon

14 feb

As the experts here have analyzed we are at the end of a correction that either ended yesterday or could reach $171. I think we may only see the latter number again on very bad data at the end of the week, but I'm skeptical. The diagram clearly shows the resistances and supports of these waves. Price differences between lows and highs and support or resistance levels are also clearly visible. A major downturn is highly unlikely to me. And here and in AMD, Nvidia, etc., in such situations, black scenarios are always drawn like it will fall to $90, as for example around the situation with Nvidia at $395 when there were plenty of headlines that we will fill the gap, $320 target etc... All such claims are frivolous and should be ignored. Only the volatile environment surrounding the Fed is the basis for a longer move between the 180s-190s, which may continue for a while longer. The $190 break was slow last time, and time will tell when exactly the move up will begin, but it will start soon and will be at least up to about 230$. Only very dramatic news can change that and good news can accelerate this process.

17 feb

Trade attivo

Everthing is clear now. I am glad that probably I helped to some guys here and also myself. I will make periodical updates on Tesla. It is also good idea to follow the great weve analisis of @TSuth. Be careful with 208$-214 zone and for the eventual coreaction with support in 196$