Fib-Friendly Tesla

Cars Parked In Front Of Company Building

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 ...

more
How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.
Or Sign in with