TSLA long idea.
Tesla took a pounding today with the earnings loss which is a good thing if you are looking to buy because the stock is becoming cheaper.
I don't normally use Fib projections but 1.618 nicely aligns with the rally base rally demand zone (@ $282) which I project the price will bounce off of. If this fails then we have a drop base rally demand at $254 which could produce a bounce.
I don't normally use Fib projections but 1.618 nicely aligns with the rally base rally demand zone (@ $282) which I project the price will bounce off of. If this fails then we have a drop base rally demand at $254 which could produce a bounce.
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