$TSLA TOP 20
Added 2023-03-08 22:46:18 +0000 UTCWe spoke yesterday about $TSLA looking weak and if if loses the neckline at $186, then we can expect a strong pull back, so far this is playing out as expected. Volatile day for the markets, however, $TSLA stuck out as being particularly weak.
Gap below conveniently will be filled at the 0.618 Fib level, as we know, nothing is coincidental with charts, this will be an area that a lot of traders and investors will be watching for. If $TSLA can find support here and bounce, then we will expect to see the green impulse wave be in control and Wave 3 is next. Failure to hold these important Fib levels and the price action will weaken further and new lows are possible.
