Time after time TSLA respects Fib levels for support and resistance, although its moves are getting increasingly tepid, as interest in TSLA continues to wane.
Image Source: Pexels
It is remarkable to me how Fibonacci-friendly Tesla (TSLA) is. Time after time, it respects Fib levels for support and resistance, although its moves are getting increasingly tepid, as interest in TSLA continues to wane.
After all, it’s in last place in the 500 S&P stocks, so interest is, quite understandably, diminishing.
(Click on image to enlarge)
More By This Author:
Important Semi Failure
Spot-On Sine Wave: Natural Gas Outlook
Bitcoin Buy?
I tilt to the bearish side. Slope of Hope is not, and has never been, a provider of investment advice. So I take absolutely no responsibility for the losses – – or any credit for the gains – – you may or may not make from reading this forum. Whether you lose your life savings or make a fortune is entirely up to you and your own skills/luck/fate.
Comments
Log in or sign up to join the conversation.