Tesla
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TSLA Up to 650-700 Then 400 June July Healthy Correction

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Not financial advice.
Before I start let me say TSLA is a great company and Elon Musk will always innovate to keep this company atop the boards.
This is a growth stock. A great long term investment.
You just have to accept the swings if your a long term holder and not comfortable actually trading it.
This is just a healthy correction and is good for it in the long term growth of the stock. That being said.

Long to 650-700 then Short to 400 maybe June July Timeframe I dont know.
The last chart i posted had it short to 600.00 which that triggered and was a good buy point for this mini upward swing.we could experience here.
I'd look to take profits between 650-700.
And expect a repeat of what it did at it's top to start the correction to the strong support zone of 400.00
Whether it plays out like that is anyones guess.
It's just what I see. It could be totally wrong.
Leading me to believe it's a strong candidate for a fear and greed stock at the moment.
And this is the complacency stage.or hopes of it reaching its all time high real fast. Not a get rich quick stock here so that'll shake alot of retail investors out.
Again its a growth stock and 50-80% corrections are okay cuz it's in an uptrend long term.
Unlike many other stocks that'll leave you high and dry.

With chip shortages. More competition. A parabolic increase. And a over inflated Marketcap and it's reserves tied to a volatale asset BTC.
I see more pressure downwards before making a "U" shape recovery at the 400 range. Again good for the long term growth of the stock.
Really good support at 400.00 level.
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