Bullish MACD crosses on this time frame have been followed by significant price rallies on 
TSLA stock. Although we are approaching a previous unfilled gap and trend line [resistance], we still see further gains to come for $TSLA. If TSLA can hold the current support of $264, it will push much higher.
Targets (🐂 & 🐻) :
🐂 Targets :
First Target ~ $289 (GAP Fill)
Second Target ~ $316 (Resistance)
🐻 Targets :
First Target ~ $248 (50 SMA)
Second Target ~ $238 (200 EMA)
**Note 1 ~ Tread carefully with FOMC Wednesday (September 20 @ 2:00 PM) as FOMC events are known to skew volatility
TSLA stock. Although we are approaching a previous unfilled gap and trend line [resistance], we still see further gains to come for $TSLA. If TSLA can hold the current support of $264, it will push much higher. Targets (🐂 & 🐻) :
🐂 Targets :
First Target ~ $289 (GAP Fill)
Second Target ~ $316 (Resistance)
🐻 Targets :
First Target ~ $248 (50 SMA)
Second Target ~ $238 (200 EMA)
**Note 1 ~ Tread carefully with FOMC Wednesday (September 20 @ 2:00 PM) as FOMC events are known to skew volatility
Note
Bear Targets reached, now time to see upside on TSLA
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.