TSLA has been on a tear lately! Will it continue?
- We are testing the resistance 197/198 for the 3rd time!!! Will we break through this time?
- There is a strong likelihood to pullback to fib 38.2 level (~160/162)
- Or the bullish play can still push the cup formation to 232!!!
- However, there is quite some resistance above 205, so expect some resistance between 205 and 232
From a risk/reward perspective, it is better to be more cautious from this level onwards.
@TigerStars @CaptainTiger @LMSunshine @melson @Deposit
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