Tesla - Hidden Strength

23 Sep 2023

The fact is that Tesla is Very Tradeable at the current level. The Money Flow Index though Bearish turned Neutral in the last session on a big drop in price. The Chart pretty much says it all. Potential Short Term Highs and Lows. I believe a vg entry point is at the $240 level with a potential swing back up to $266 for a $26 move that represents a 10.8% gain. Once again as always, going into the 3QF's Tesla is more than just the EV's that it is judged for and other divisions are continually adding to the bottom line as well.