tesla has been in a down trend for a long time now it looks as if it has a chance to break out. if we can get abot the weekly channel tesla might head back up to 300 or test all time high it has sat out of most of the bullish action in the stock market so far. will the tsla bulls make a comeback
nas 100 so far looks to be holding the .768 retracement will it push thru it or push back to the downside will see what happens in next few days.
overall market is still bullish
On this chart i have the retracmetn laid out and also the next targets if the market wants to push higher. possible short at 39400 for 200-300 point move
overall the trend is currnely bullish
chart based off recent big drop and retracement. in the coming days we will see if we are going to new highs or heading back down to make new recent low
