TESLA looks like its going to make a big bounce off the 200 MA.
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This past weekend Elon Musk was all over the news smoking a joint of marijuana on the Joe Rogan Experience podcast which caused a PR nightmare sending the stock quickly down to bounce right off the weekly 200 MA. I highly doubt TESLA will break the heavy resistance off weekly 200 MA. It could have been a genius move to purposely drop the price to accumulate more being Elon took one puff and didnt even inhale it so seemed odd. Judging by TA Tesla is a BUY BUY BUY. when we were in a bull market buy the dip applies!