The Technicals On TSLA

TSLA-- If my interpretation of the technical setup is dictating the nearest term price path, then I cannot rule out a loop down to a marginal new corrective low beneath 851.47 (see my attached chart) prior to a powerful upside reversal signal that propels TSLA above 1000 in route towards a challenge of 1200+.

In the absence of a new reaction low, only a climb above 1000 will trigger new bullish signals.

A bout of weakness that BREAKS 800 will be considered a very negative technical development of TSLA, and will point the stock towards 650 thereafter... last is 897.62

1 27 TSLA 950 GIF
1 27 TSLA 950 GIF

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