$TSLA has everyone attention right now, a MEGA CAP cult following whos leader also owns X which we all live on.
Everything he does is scrutinised but we need to remember his brilliance.....a man who has created what he has is going to be different and I would not expect anything less.
$144 is the level that everyone is watching and it is the wedge support line, the 0.78 Fib and a gap fill.
Losing this level and the 2023 lows at $102 will likely be tested which is a 40% drop from here.
I think we would all benefit greatly from taking advantage of this price if it is presented to us but first, lets see how $144 goes.
It is difficult to see how any stock turns bullish right now.
Scott Glover
2024-04-21 19:09:30 +0000 UTC