Tesla stock analysis
Tesla shares are moving in a bullish wave with a slight slope towards the $ 880 ceiling. Reaching the $ 880-885 band can correct up to $ 750 and then experience a growth up to $ 810-820 like the picture. Note that then two different trends can be achieved for the share, pattern 1 can lead to a correction to $ 520-530 and pattern 2 can eventually rise to $ 1100 by forming a roof triangle pattern. Which of these two patterns can be achieved depends on the profitability of the company in the next 3 months. Note that if pattern 1 is achieved, the $ 520 goal will be achieved in the next 4 months and if pattern 2 is achieved, the $ 1100 goal will be achieved in the next 6 months.
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