Had another difficult opening and fell to $179 and only last Friday it was at $207. It held the 0.65 Fib from the previous low and high today and recovered a lot of the losses from from today. Below the 200 Day and 50 Day MA now and the RSI is trending down now, below RSI 50 now, so I am not seeing indications that the downward trend is finished.
I am watching for a break below the previous low at $165 for next week. Apparently Musks brother was involved in the heavy selling this week.
Oba
2023-04-06 21:13:42 +0000 UTC