$Tesla (TSLA.US)$ Tesla is definitely not a stock you will w...
$Tesla (TSLA.US)$
Tesla is definitely not a stock you will want to short. Is the impulse rally going to end? Nobody knows. Right now it has hit fibonacci 1.6 and still has not shown strong rejection at this price level which means it will probably more than likely head to 1.4k before we see any strong rejection or sell off.
Tesla is definitely not a stock you will want to short. Is the impulse rally going to end? Nobody knows. Right now it has hit fibonacci 1.6 and still has not shown strong rejection at this price level which means it will probably more than likely head to 1.4k before we see any strong rejection or sell off.
However buying in at this point would be very risky as you will be chasing the high and if it does sell off, you will be stuck at the top. The logical thing to do at this point would be to wait for a pullback before buying in. But again, tesla always does the illogical! So buy at your own risk appetite.
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