Tesla
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TSLA: Buy zone is 917-960

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Tesla just completed a powerful W-3. However, now the uptrend has become exhausted and needs time to rest. Fibonacci extension targets have been achieved and MACD/RSI are showing bearish divergences. I expect the retracement to reach about the .382 - .500 level. If you own TSLA, you may want to consider selling covered calls to protect some of the gains you had over the last couple weeks.

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