The Big Short: Tesla
RSI reaching all time high. MACD lines have still not crossed over in the 4 hr chart but the 1 hour chart is signaling a pull back. If we have still not reached the top TSLA will make its final push for $1000
Projecting a pull back to $650 before March 2021. Only a 35% pull back compared to the 60% one back in Feb-March 2020. Still to early to say what will happen after March. Elon still has much ammo left for example entering the consumer aerospace industry with Tesla .
Key levels: 838, 775, 650. Top 950- 1050.
Target: $200 before earnings?
Good support line. Consolidation almost complete and ready for earnings rally.