Taking a look at Tesla Stock, we can see significant resistance at the $295 level which has been clearly present for more than 2.5 Years since January, 2021...
Looking at the 3 Day Stochastic RSI Golden Cross forming, I would not be surprised to see bullish momentum return to
TSLA
to push the price towards a retest of $295 once again
If bullish momentum returns in coming days & weeks, and we see price push above our Resistance "Zone 1" of 295 via a 23% rally...
** DO NOT BE SURPRISED IF WE THEN RALLY ** . An additional 40%+ from today til end of September to the sub $350 range...
This is where then a pullback to the $295 Zone would be expected before going for the ATH
We have the Cybertruck delivery event happening soon... the Model 3 Highland reveal is near...
I expect both of these catalysts will push Tesla stock towards $350 before year end
Looking at the 3 Day Stochastic RSI Golden Cross forming, I would not be surprised to see bullish momentum return to
TSLA
to push the price towards a retest of $295 once again If bullish momentum returns in coming days & weeks, and we see price push above our Resistance "Zone 1" of 295 via a 23% rally...
** DO NOT BE SURPRISED IF WE THEN RALLY ** . An additional 40%+ from today til end of September to the sub $350 range...
This is where then a pullback to the $295 Zone would be expected before going for the ATH
We have the Cybertruck delivery event happening soon... the Model 3 Highland reveal is near...
I expect both of these catalysts will push Tesla stock towards $350 before year end