Friday 10 July 2020

TSLA: In profit taking zone, stock extended after hitting key P&F chart targets!

TSLA: In profit taking zone, stock extended after hitting key P&F chart targets!

TSLA hit 1120, then 1275, then 1340, then 1345 P&F chart targets. Its currently consolidating this significant move! Downside profit taking risk remain high here!

Turning to the cloud chart, TSLA is extended on a cloud chart basis. Time to lock in some of the gains since the cloud chart buy signal at 698, +100% gain over last few months.
Any consolidation down could find support at the signal line and front cloud support zones: 1189/1163. In profit taking zone now!




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