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Tesla
Short

Fibonacci Retracement on Tesla

137
TSLA

Fibonacci Retracement on TSLA implies that it may take support on fib level of 0.236 of 176-177 dollar.

Current price structure shows that it has taken resistance of 0.38 of 222 dollars, therefore, it may go down towards 146 to fill the gap. At this level, its RSI will also be oversold which will trigger bullish rally towards 177.

Tesla takes doesn't retain 196-176 with strength and falls below this price level.
wasif87
Chart PatternsFibonacciFibonacci RetracementgapfillRelative Strength Index (RSI)resistance_levelSupply ZonesupportteslaTrend Analysis

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.
Chart PatternsFibonacciFibonacci RetracementgapfillRelative Strength Index (RSI)resistance_levelSupply ZonesupportteslaTrend Analysis
wasif87

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.