Every indicator, every candle, and every piece of history shows Tesla going up in value this Thursday 11/12
I am going to deep dive this chart and explain my full analysis.
1. History repeats itself! If you look at the bullish divergence on 10/20 and 11/10 you can see they are identical set ups and on 10/20 the stock skyrocketed past resistance.
2. Bollinger Bands!! Show room for growth as the green line and red line have not crossed yet! Also a recent buy signal on 11/10
3. MACD: Blue and orange line just crossed at a low point curving upward showing growing bull momentum
4. Low RSI of 48.04 where TSLA usually runs around a RSI of 55.
5. Kurutoga Cloud: TSLA already started to break through resistance and could soar to $440 if resistance broken.
Wish me luck on my options call! I have 5 contracts for $420 by 11/20, I plan on selling during tomorrows surge and shorting AMZN
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