$TSLA TOP 20
Added 2024-04-28 18:59:24 +0000 UTC$TSLA has been on the good sign of earnings reports this season so far and the consensus is that the bad report was already baked into the share price, because their earnings report was not good across all metrics.
But the plan was that the price needed to hold $144 on the yellow trend line or pain would cloud over $TSLA all the way down to lower lows below $102.
So far bulls have done an excellent job defending the support line and managed to finish the week above the 0.618 Fib at $165 but $TSLA is also up against its 50 Day MA....just like the market and a lot of Mega's right now....so getting above this MA will be important, flipping this level to support can mean another test of the yellow trend line above at $220.
Comments
I have a few TSLA leaps for Mar and Jun 25. they are up decent amount so naturally tempted to take profits. originally I was targeting 180 to take profits but it gapped up and I decided I should wait and see more price action to decide where to take partial profits. Where would you say is a strong resistance? Thanks! Btw, I'm learning a lot from your chart updates!
kensan
2024-04-29 18:55:46 +0000 UTCIs Tesla a buy now or still wait for 220?
Yaso
2024-04-29 11:31:52 +0000 UTC
