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Tesla to retest $500 mark.
Tesla
Long
Tesla to retest $500 mark.
By TiborVrbovsky
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Oct 14, 2020
2
Oct 14, 2020
Tesla is in ascending triangle which has bias to break to the upside.
Good fundamentals and strong demand.
RSI is also in ascending triangle.
I expect the price to either retest the uptrend line or break the $460 mark and go for $500.
How to play this?
So either buy the break of $460 or set a long position at $415 for improved reward.
Good luck!
Tibor
stockpicks
Stocks
stocksignals
stocktrading
Support and Resistance
tesla
teslamotors
Triangle
Tesla Motors (TSLA)
tslalong
TiborVrbovsky
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