Tesla

Tesla Update

1490
Tesla started to fall last trading session but hasn't yet broken any key levels to the downside. For this reason, it could still possibly raise to the upper target box labeled c?. Rather it raises there or not, it is just a functionality of price movements, and I still expect it to drop to the lower box with a red border. There are two key levels I am watching to be breached. The prior low @ $165.43 and the $160.51 low made on 14 March. Until we breach those levels, we can still raise to the borderless box above. As of now on the hourly chart we have positive divergence and I think this will only build until we finally bottom helping launch the big move up I am anticipating. That bottom, as I have said before, will be a great investing opportunity.

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