Tesla
Long

TSLA - UniverseMetta - Analysis

#TSLA - UniverseMetta - Analysis

The price is near the lower border of the channel in which the price has been for almost a year, which makes it possible to enter from the borders and take away movements of 15-30%. There was a rebound from the border, which formed the 1st wave, and was able to correct to the area of ​​50%. Now an ABC structure has formed, which may suggest the beginning of a 3-wave structure or the 3rd wave; when the trend line is broken, you can try to gain Long positions. With targets towards the upper border of the channel, around $236 per share. If there is a retest of the border, it will be possible to hold it up to levels 300 and beyond. Local target 194 - 236

Target 194 - 236
Chart PatternsTrend AnalysisTesla Motors (TSLA)tslaanalysistslalongWave Analysis

Also on:

Disclaimer