$TSLA TOP 20
Added 2024-05-27 15:48:04 +0000 UTC$TSLA has now bounced on the 0.5 Fib and the 50 Day MA at $168 and holding support above the larger 0.618 Fib on the white line.
Bulls have past the first test of holding support above the 50 Day MA but will need to make a higher higher next, above the post earnings high to confirm that this can go higher to the 200 Day MA and ultimately test the yellow trend line at $220.
If the 50 Day MA is lost at any stage, then the price action will likely come down to the yellow trend line once again for a test of support, $144 would be back in play.
Comments
Why is the buy zone top at like 114?
Ryan
2024-05-29 14:45:30 +0000 UTCI believe it gets back to this level at some stage but will need to get out of this large wedge
Gareth Neary
2024-05-28 09:49:00 +0000 UTCInexperienced me bought too many shares at too high a price (avg. $270). Lesson learned.
Chris
2024-05-27 16:40:56 +0000 UTC
