TSLA: $300 is an important numberOver the past 5 years, $300 has been a very important price point -- both in support and resistance. Only once have we converged with the 200 day at $300 mark, and that was when we were hitting it as resistance. We are now in a position to do the same from the position of support. I think a similar yet opposite pattern should unfold if we move to this range.
Outside all that, we continue to maintain a cup and handle pattern. We are also maintaining higher lows.
Bullish signals and patterns outweigh the bearish in my eyes.
Best of luck.
