Troubled Tesla, with a weed smoking CEO, is a darling of a lot of investors. An automobile producer with the valuation of a tech company had trapped itself in a bullish pennant for the last couple of months. Now it finally seems to break out and I see the possibilty for higher share prices in the future!
It is though a risky bet, trade it at your own risk!
It is though a risky bet, trade it at your own risk!
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Tesla dropped fast but retreated into the pennant. We are now at a make or break point, Tesla should break the 260 resistance zone up, or we will first see some lower prices at about 200
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So that is a bummer. Tesla broke down