• Yes, we nailed another target on TSLA! Since it broke our key point at $185, it went straight to our $198 – The link to my previous public analysis on TSLA, when I set this target, is below this post, as usual;
• In the 1h chart, TSLA did a bullish pivot point just above the $179, which seems to be another key support level;
• In addition, TSLA is finally above the 21 ema in both time frames, which is another bullish sign;
• However, TSLA just hit a target, and the $198 is a key resistance, as evidenced by the daily chart;
• So far, there’s no top sign, but if we see one, TSLA could easily drop again to the $177 - $179 area;
• In order to reverse the bear trend in the mid-term (daily chart), is important to see TSLA breaking the $198 as soon as possible;
• I’ll keep you updated on this, as usual.
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