SamSuka
The Long Investor
The Long Investor

patreon


$TSLA TOP 20

$TSLA is yet another stock in our Top 20 List that managed to finish the week on the 50 Day MA. The 200 Day MA was just slightly below too so I do not think it would have gone any further than these two levels.

Leads me to believe that a bounce is also due here before moving down lower to complete Wave C close to the 0.618 Fib at $221.

A healthy pull back like this and completing Wave C can give this another attempt at breaking above the very strong resistance yellow line next.

$TSLA TOP 20

Comments

Assuming they’ll have a great earnings too….the market will be watching for margins again

Gareth Neary

$TSLA normally gets a positive run after its earnings so if it can complete its ABC before earnings, this could happen again…but a big ask for that to happen

Gareth Neary

Do you think it will have a run up before earning and drop after earning? Thank you 😊

Yoko Yu YYKK #4204


More Creators