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TSLA to $230?
Tesla
Long
TSLA to $230?
By marketscripters
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May 24
2
1
1
May 24
Well well well, isn’t this interesting?
TSLA is printing the same exact pattern it just printed.
Look at the fibs.
Swing low to high makes the 1 and 0…
- bounce of the 0.2, then the 0.3
- retrace to 0.5
- back up to the 0.2
- crash to the 0.7
- hit the 0.5 again from the bottom
- then tap the 0.6 before taking off back towards the 0.3 and 0.2
It happened on the big fib on the left…and it happened again on the smaller fib on the right.
If this pattern continues, TSLA is just bouncing off the 0.6, meaning next target would be between the 0.3 and 0.2
Fibonacci
marketscripters
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