The Long Investor

$TSLA TOP 20

Added 2023-03-21 21:51:00 +0000 UTC

Very strong today on the news that Moody has upgraded their rating to investable now, the timing could not have been better for $TSLA. That being said, bear flag has formed and I am seeing this on a number of charts at the moment....so it is likely that the direction is still unclear yet.

We spoke before that the Wave 2 pull back had entered the Wave 2 zone, although not as low as many have lately, (the 0.618 - 0.65 Fib has been incredibly popular lately) this validates that Wave 2 can be complete. What happens getting out of the bear flag will be important and ultimately if the price goes above the previous high, I think we need to consider that this is in the impulse wave.