Hi guys, I think tesla can go to 350+ really soon easily because of:
Bullish RSI b/o
Weekly MACD curl
5th time hitting 2y downtrend
Feds lowering rates
AI & Optimus potential
I believe tesla will go down to 0.5 fib, which is also the level of the trend line around 224-232, then it will go up and eventually break above the descending trend line.
Tesla is forming a pennant atm, we will see how it acts.
What do you guys think?
If I get >10 likes I will update later :)
