TSLA: Next Target 450?

Tesla's meteoric rise from June this year has sent it to all-time highs and has resulted in a 119.67% gain since then.

Tesla's (TSLA) meteoric rise from June this year has sent it to all-time highs, as shown on the following monthly chart...and has resulted in a 119.67% gain since then, as shown on the next graph. It's been heavily favored above the FAANGs.

Based on the trajectory of the Andrew's Pitchfork formation, its next major resistance lies around the 450 level.

The Balance of Power lies firmly with buyers and is approaching an all-time high.

(Click on image to enlarge)

(Click on image to enlarge)

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