Confluences: -Tesla broke out of the bearish down trend -Yesterday Tesla gapped up, and closed the gap, retesting the broken (previous resistance) support zone at 668. Therefore it is experiencing very healthy price action -Also lower than inflation numbers report yesterday and the stimulus check will give a good support for TSLA -Tesla is an amazing long-term technology play, especially with FSD coming at the end of 2021 and of course, the massive growth of energy and automotive side. -Short term we may experience draw down but long-term these prices will be very good.
Side note: -I scaled in again bringing my average up to 540