Tesla
Panjang

Further upside for $TSLA

-Price resting on the .50 fib from the 3D chart after bouncing off the .382
-3D: Positive divergences: HIST, RSI, CCI, MOM, VWMACD, MFI
-PSAR Flipped positive on the 1D
-MACD about to flip green on the 1D and has already flipped on the 4H. RSI increasing on both
-Likely to breakout to the upside from the bull flag given TSLA's overall strength
-Only 1 earning announcement was negative since 2019 so it's likely likely be positive in May. This could either lead to a creep to the upside until earnings announcement or be drastically hindered by interest rate hike announcements.
-Tesla is technically a motor vehicle industry but the stock behaves alot like the tech sector. Traditionally when interest rates increase, technology stocks are hit the hardest so keep a look out in the next few months.
-Buy in after a daily confirmation above $936 and stop set below $891. TP1: $1091
-If stop is hit, expect further downside to the .618 fib at $767
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