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Derek Frazier shares and explains his ideas and process of decision making behind cyclitecnical trading. Please like and comment.
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Tesla shares must rally to equities' tactical peak
Its shares are a principal measure of volatility
TSLA 0.00%↑ is under $200 but may not be there for long if it is to complete the 20 week cycle target to near $250.
Surely, being a new 80 week cycle, it is capable of reaching this. Everyone knows the market is going up, and buying mutual funds. But, its a stock picker market. Its the last of three 80 week cycles before the fall into the 54 month cycle. Therefore, being careful, but going with momentum is a must.
Regards,
Derek
Tesla shares must rally to equities' tactical peak
It seems quite weak.