TradingShot

TESLA is repeating April 2020! Time to buy?

Long
NASDAQ:TSLA   Tesla
As you see the two charts are fairly self-explanatory. Both in 2020 and now (2021), TSLA had already made a top by early February, formed a MA50/100 Death Cross, followed by a MA50/200 Golden Cross (on the 4H chart) that practically put the bottom behind. The RSI and MACD sequences are also fairly identical.

Is it time to buy the carmaker giant again?




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