Tesla: ⬆️ Buy
– Tesla reversed from support area
– Likely to rise to resistance level 467.30
Tesla recently reversed from the support area located between the key support level 415.60 (which has been reversing the price from the middle of September) and the lower daily Bollinger Band.
This support area was further strengthened by the 38.2% Fibonacci correction of the upward impulse from August.
Given the strong daily uptrend, Tesla can be expected to rise to the next strong resistance level 467.30 (top of the previous impulse wave i).
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