TSLA: 100% retracement done multiple times now time to move up
TSLA: 100% retracement done multiple times now time to move up to 1.618 fib level.
This is what I found in most bullish and bearish retracements , once you get 100% retracement of up or down move then next level is normally 1.618.
Fundamentals;
lower interest rates are good for heavy equipment manufacturing or durable goods like cars
Musk by associating himself with Trump just wants republicans buyers , in both cases he will win.
Tesla cars are like iPhones , once people have them cannt switch to anything else.
Tsla bulls are cult members.,,
Time to own tesla not trade it
Have fun!
This is what I found in most bullish and bearish retracements , once you get 100% retracement of up or down move then next level is normally 1.618.
Fundamentals;
lower interest rates are good for heavy equipment manufacturing or durable goods like cars
Musk by associating himself with Trump just wants republicans buyers , in both cases he will win.
Tesla cars are like iPhones , once people have them cannt switch to anything else.
Tsla bulls are cult members.,,
Time to own tesla not trade it
Have fun!
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.