 What is up YouTube! I wanted to circle back to my last video about my technical analysis on Tesla and if you haven't seen the video, I'll link in the description, go ahead and watch it. I know the audio is kind of bad, I'll be getting a microphone here pretty soon, so bear with it and yeah, take a look. Basically I wanted to go back to what I was saying in that video about the price targets and I was saying that the price like it was going to be between 240 and 250 and if you look at the price right now it's literally at 240 so my analysis was spot on so pretty happy about that. I did make some money on that. I might say I made money because I'm still in the trade so I want to see what price action does if I see any signs to get out then I will get out but I wanted to follow up with that video and make another video so stay tuned I'm gonna go through what I think may happen next with Tesla but it's one of those times where you just gotta watch in and see what the sentiment is so yep stay tuned. Alright guys welcome back to the Tesla technical analysis so from my last video I said that the price target I have would be at about 240 and lo and behold the price is exactly at 240 so I made a little bit of money on this move right now. That being said let's see what Tesla might do next so downtrend is over you could put a new trend or is it that I would say so hi hi hello hi hi hi cuz it's at 240 we'll see what it does tomorrow if it pushes up or the sentiment says it's going to go down looks like on the daily is finally opening above the 50 day and let's see if they'll open and close above the 50 day that's a very good sign yeah the MACD line is above the zero so that just kind of tells you it is finally becoming bullish let's go into the hourly chart okay alright so I believe that it's just going to be kind of going in an uptrend might have a couple of pullbacks I'm looks like after it broke this trend line as I was saying this is a very important level it broke this trend line it came retested and now it the price is about here somewhere 240 so now this was pretty good made some money on this so let's see what it may happen next so this looks like a wave one to me very small pull back not even through 38.2 extension usually the wave 3 is the big wave and it should get to 100 so I still think we're in a wave 3 it's just been kind of consolidating it almost touches 61.8 now it's just been kind of in this range now bounce above the 61.8 so let's see if it's able to push up to the 100 which will be the next target for me so the next target for me would be about 255 right here that's my next target and again it's not gonna be a linear straight up move you know it's gonna kind of comes to 240 then it may do this and then bounce off of the string line and do this and bounce off the string line but I think at some point in the next three weeks I believe would get up to this price 255 that's my price target and a wave 3 will be done we'll have some sort of pullback so pullback may look something like so this is where 2 gets to here so it may pull back to the 50 which will be this might be the wrong 50 between 236 230 and then I'll go back up for wave 5 so that's what I believe is going to do slow and steady rise now that's it