Pre-market shows the (top) gap is/will be essentially filled.
There are two other gaps I see.
My LO's are sitting at $823. Because I think between now and EoY we will retrace to the 0.618, filling both the remaining gaps.
$823 gives me a little room for error and meets my personal price target since selling at $1234.
It'd be nice to see a healthy down today and puncture of the 0.5 @ $892.
There are two other gaps I see.
My LO's are sitting at $823. Because I think between now and EoY we will retrace to the 0.618, filling both the remaining gaps.
$823 gives me a little room for error and meets my personal price target since selling at $1234.
It'd be nice to see a healthy down today and puncture of the 0.5 @ $892.
Comment:
To be fair, the faint gray line is the bull market support trendline, Tesla spends very little time and depth below that line... so - maybe downside targets are too ambitious?
