The Coast is Clear

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It seems to me that Tesla (TSLA) has a very clear path to challenging its lifetime high, established three long years ago.

The reasons?

  1. Elon Musk is basically Co-President rigt now and has political muscle;
  2. The Fibonacci retracements have governed support/resistance on TSLA for years, and at this point there’s no Fib in the way anymore;
  3. There is a large well-formed bullish base (green tint)