Is TSLA Stock still interesting to collect in the long term? .
Bad news, and the decline in this stock -271.95% from its highest price, actually still in a very very reasonable range.
The Reason .
From a technical point of view, the stock fell towards its normal correction range in the 23.60% "Fibonacci" uptrendline support area at 105.79, and managed to rebound. Then closed in a bullish position worth +6.24%.
Rebound position this time in the last 2 months has increased by +69%, from the support rate position of 23.60% "105.79" .
Then will TSLA shares continue their rise? .
Tomorrow if this stock is closed in a breakout position from the resistance in the 210.77 - 215.99 area. So this stock has enough opportunity to continue rising , with the target being at 257.77 for the short - medium term . While the opportunity for the highest price can still be said to be "quite a wide chance"
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Modify on 2023-04-03 01:47
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