TSLA has retraced 50% of the downward move from the September high to the Jan low.
I see resistance at the 61.8% Fibonacci retracement level and the 200 day MA at $230.
Regardless, I think this is a good spot to start a small short.
If the price moves up to $230 then increase short position.
I see resistance at the 61.8% Fibonacci retracement level and the 200 day MA at $230.
Regardless, I think this is a good spot to start a small short.
If the price moves up to $230 then increase short position.