Multi-year fibonacci lows approaching, entry below 513 would be optimal, exit conditions yet to be determined.
Balance sheet is strong with low debt, looks like temporary bad news is causing this dip, fundamentally the business looks sound.
Looking at Fib levels using the monthly chart we can see the run up from 2020 to 2022 the retrace on fib was respected. If we draw the same for the most recent run up it looks like we are at or approaching multi year lows. This coincides nicely with the bad news cycle and low point on revenue for TSLA. So on fundamental and Fib basis this is a good entry point to...
