$Tesla Motors(TSLA)$Tesla show a bearish englufing candle last week. It means it is likely to go down further.
Dont rush to buy. Good support is at 795 where the 200ema is. Next support is at $680 and $562.
MM is likely to push down the price Next few months. Hope the support can hold. My view is i will only buy 10% allocation at 795, 30% at680 and full allocation at $562.
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