This is an analysis for long-term investors interested in Tesla stock. Several analysts, employing the Elliott Wave Theory, have identified the range between $190 and $152 as the target zone for a potential sell-off. The sell-off occurred after weak quarterly earnings. Currently, Tesla appears to be stabilizing in the range between $190 and $180. This presents a good opportunity for a long-term entry with a target just below $300.
The idea offers a good risk-reward ratio of 2.5:1.
The idea offers a good risk-reward ratio of 2.5:1.
Comment:
Launching
Comment:
3,8% up today. Keep pushing