Tesla can still retrace and bounce from ~$450 (50% retracement from ATH), 2K-3K is not unlikely after reversal.
Helpful chart about Fibonacci Retracements: www.flickr.com/photo...135@N08/51195750782/
This is not investment advice and is being published for educational purposes.
Helpful chart about Fibonacci Retracements: www.flickr.com/photo...135@N08/51195750782/
This is not investment advice and is being published for educational purposes.
Comment:
Tesla hit the 700 point mark, buy orders would be prepared between 465 and under incase of a sudden drop in the market to grab lower rates. However, I also wouldn't be surprised if it hit 560 (support) and pushed higher.