Nooblade

$TSLA $TSLAQ - 1 gap up but 3 gaps down

Short
Nooblade Updated   
NASDAQ:TSLA   Tesla
Update from my previous idea posted as there is a 3rd gap down from 10-13/01/2020 between 478 & 492$ which is still recent and close enough from my macro 0.618 fib (180-923) to be considered.

I disregard any gap below 5$ or previous to 2020 up trend.

Again I don't know what I am doing there...
Comment:
Following the article investopedia it would make sense for the stock to keep going lower and close the 3 recent gaps:
- 29-30/01/2020: 590-618$
(0.618 on 2020 uptrend fib)
- 17-21/01/2020: 510.50-518.5$ (0.786 on 2020 uptrend fib)
- 10-13/01/2020: 478 & 492$ which is still recent and close enough from my macro 0.618 fib (180-923) to be considered.
Or it could keep going on the rebound from closing/afterhours today and go close the gap between 739 & 776$ but I believe that this gap will be closed eventually as Tesla is the future anyway and it will be going up for years to come.

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.