Tesla at support
Situation
->Tesla bounced at the Fibonacci support at the golden target (0.618-0.65 level)
-> as long as this level holds, the algo target is $565
-> if we break this level we have a high chance to drop to $210
->Breaking $273 will confirm $210
-> Last stand support is $322
If you are currently holding long positions wait, put SL at around $349 (depending on the position or if you are just going long now)
->Tesla bounced at the Fibonacci support at the golden target (0.618-0.65 level)
-> as long as this level holds, the algo target is $565
-> if we break this level we have a high chance to drop to $210
->Breaking $273 will confirm $210
-> Last stand support is $322
If you are currently holding long positions wait, put SL at around $349 (depending on the position or if you are just going long now)
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