TiborVrbovsky

Tesla to retest $500 mark.

Long
NASDAQ:TSLA   Tesla, Inc.
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

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