TSLA Ready to Rise
- Tesla broke the 2 year downtrend and got support on this trend. It has a chance to double its price in 2-3 years. 240-260 is a very ideal range to enter.
- Tesla's recent safety reports and the potential for a possible government deal after the elections (especially after recent events) paint a bright picture, at least in the medium term.
Note
TSLA has suffered a severe decline and the market correction has made it worse. We are back inside the triangle, but I think it will break out again.
If it breaks the downtrend, it can resume its uptrend. Depending on the elections, TSLA seems to be a bit shaky this year, but I think it will reach my target in the long run.
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