During my analysis on TSLA I`ve noticed that it has hit the 50% level on my Fibonacci, but cause its a company, I always try to look for a 61.8% bounce, even if it does move higher than that. It never seems to go higher than the 78.6% level (looking from my previous analysis). It should drop from the 812.51 price to the 23% level(782.17 price). Market is also still below my main support and resistance levels and Diagonal S&R levels. Remember: everyone has a different view.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.