$TSLA 2020-DEC-08
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Not much to discuss here from a technical point of view, however the new week has started exceptionally strong for Tesla. Outside of Musk moving to Texas, the only real news is the S&P500 update next week. I don't generally believe that getting added to the
SPX is going to change the world, but if enough people buy into it - it becomes a self fulfilling prophecy.
There is a lot of room left in the channel, with a theoretical move to $850 being well within the range of movement we could expect. Maybe Tesla will need to do another stock split before year end...
Not much to discuss here from a technical point of view, however the new week has started exceptionally strong for Tesla. Outside of Musk moving to Texas, the only real news is the S&P500 update next week. I don't generally believe that getting added to the
SPX is going to change the world, but if enough people buy into it - it becomes a self fulfilling prophecy. There is a lot of room left in the channel, with a theoretical move to $850 being well within the range of movement we could expect. Maybe Tesla will need to do another stock split before year end...
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