Looking at the chart right here ,
Tesla is showing a strong uptrend movement , we can see Tesla has gained around 60% in a month ,
but we haven't seen a correction from the price that has been made yet ,
so now what we have right here is a strong drop from the All time high ,
and what im expecting right here is , another 10% drop to previous breakout support before taking our long position ,
or we can expect price reject to the 50% fibonacci retracement which i take it from the lowest point to the highest point ( weekly timeframe ) ,
Let me know what do you think about my analysis on Tesla ,
check out my previous analysis on Tesla down below.
Tesla is showing a strong uptrend movement , we can see Tesla has gained around 60% in a month ,
but we haven't seen a correction from the price that has been made yet ,
so now what we have right here is a strong drop from the All time high ,
and what im expecting right here is , another 10% drop to previous breakout support before taking our long position ,
or we can expect price reject to the 50% fibonacci retracement which i take it from the lowest point to the highest point ( weekly timeframe ) ,
Let me know what do you think about my analysis on Tesla ,
check out my previous analysis on Tesla down below.
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NASDAQ: TSLA
davidvid96
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