Tesla unstoppable

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TSLA Tesla is coming out from a modest pullback and on its way for another rally.

I measured the move from the previous swing low (326.59) up to the last swing high (488.54) before the pullback.

I did the same exercise from the next swing point at 415.41 and the projected measured move of 161.95. For confluence, I am using 5-12 EMA pair for trend direction.

Take profit at around 577 area. Follow your own risk management as for your defined loss.

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ملاحظة

The green box is the weekly fair value gap.