Long

Tesla Chart for the week beginning Feb.27/23

Updated

This is going to be an emotional week for Tesla Stake Holders and expect some big announcements many of which have already been leaked into the market however I expect EM to pull a rabbit out of his hat to surprise on the day. Investor strength is not very strong right now, in fact pretty indecisive however with some hype I expect a potential pop up to $222 before the stock pulls all the way back down below $200 as April Financials are predetermined to be weak. It'll be in the best interest of institutional traders that plan on Shorting Tesla to let it run through Thursday before putting big pressure late Thursday and Friday am for the Pull back so that they can maximize their Short positions. I will watch closely for the top and sell before the weekend as well. Buy the Rumour and Sell the News.... The low to late April I suspect to be approx. $182

Note

Looking at all of the 15,30, 60 minute and daily charts all of my indicators are looking as neutral turning bullish with a Hammer candle for last Friday although the weekly candle is definitely bearish overall.

grahammk

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