$TSLA TOP 20
Added 2024-05-05 19:20:09 +0000 UTCSince they reported their earnings, it bounced very aggressively and over the last few days we started to see it blow off some steam and pull back.
I need to see how this pull back develops to see if the bottom for $TSLA is in and it can move higher and most importantly make an attempt to break out of this wedge at around $220.
I have added in the green Fib levels to see where support can come and as always, the moving averages align very well with these Fib levels....the 50 Day MA is at the 0.38 Fib and the 20 Day MA is at the 0.5 Fib.
A pull back holding support on one of these levels will be a great sign for the bulls.
