Gordon_princess_Gecko

.78 Risk/ratio at 200 DMA. Where will Tesla go?

NASDAQ:TSLA   Tesla
0
Based on fib area and also a bullish bat (sorry for horrid lines), I'm guessing if we break 200dma, we are headed down to 190 within 3 months, this is of course pending that OPEC keeps oil prices low.

If not, we should be holding on to the very strong support of the 200dma that has held Tesla up quite a few times since 2011.

Price upside is 265. downside entry 195.
Disclaimer

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.