$TSLA TOP 20
Added 2024-05-12 19:14:17 +0000 UTC$TSLA has pulled back since its earnings bounce euphoria and is still in search of confirming support
The price finished the week on the 0.5 Fib but we would need to see more price action to confirm that this is a solid support level, a number of tests would be needed....otherwise this can move down to the 0.618 Fib at $161.
I think as long as $TSLA stays in its larger wedge, the bulls have every chance to ride the market uncertainty and help improve on their fundamentals and start printing positive earnings again.
They have the capabilities and the man at the helm to do it but they need to execute now.
I am still not drawn to $TSLA to start a position here.
