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~Angel~

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~Angel~

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Friday, 06/15/2018 12:58:59 PM

Friday, June 15, 2018 12:58:59 PM

Post# of 86137
Looking at a long-term chart of Tesla, Gordon explained that recently the stock fell more than 30 percent after big rallies. Coming off of the most recent bear market, "now I'm looking for upward extension in Tesla towards $400." A bear market is when a stock falls 20 percent or more from its high.
Then concentrating on a shorter-term chart, "we have broken resistance and now that serves as support. It is the launching pad to stay above that level, so we should be able to move up," Gordon said.
Tesla has surged more than 25 percent so far in June and is on pace to close out its best week since February 2016.

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