Tesla Technical Analysis
Utilizing the 3 Month 2 hour candlestick view.
Bull Run of July-November 2020. Fib retracement found support at the .618, broke the .382, found new support at the .5 then consolidated on the .382 before starting the next Bull cycle that we are currently in.
Currently Tesla is trading identically to the last Bull cycle in which it needs to break the .382 and close above $725 on or before April 20th in order to continue its current BULLISH retracement cycle.
Utilizing the 3 Month 2 hour candlestick view.
Bull Run of July-November 2020. Fib retracement found support at the .618, broke the .382, found new support at the .5 then consolidated on the .382 before starting the next Bull cycle that we are currently in.
Currently Tesla is trading identically to the last Bull cycle in which it needs to break the .382 and close above $725 on or before April 20th in order to continue its current BULLISH retracement cycle.