Tesla has reached a new all time high of 744.49 as of today 1/4/2021. First trading day of the year showing great signs of strengths with a huge sell off in the market today, $TSLA held strong. Although $TSLA is known for it's huge volatile run off's I expect this trend to break near the 690 dollar mark with a 50 dollar move in the next few days. Why I'm thinking...
I remain neutral for $TSLA until next years earnings. Will test the resistance at 410. There was a huge rejection sell off at the 410 area, which I believe needs some more news to create more bullish patterns.
I have been watching this stock after IPO announcement last week of November.
It's been on a nice uptrend pattern, what are your thoughts on this particular stock?
It is my first time trading with trading view, I definitely love the charts and cool tools. I'm trying to gain 10+ points to be able to chat with other traders. I originally trade with TOS, but I've decided to check out these awesome charts provided by TradingView. Anyways just messing around with the charts, trader friendly 5+ yrs trading, options, day trading.
