TSLA temporary short and long setup on the daily chart
Updated
TSLA is testing $954. The overall market has been slowly correcting and is likely to pull TSLA down with it. Short target 1 would be around $833 and that could also be used to start a long position. Short target 2 would be around $673 and that could be used to start a long a position as well. 50% Fib retracement is at $673 so we could possibly test this area and take a long position.
Also, take note at $833 and $673 there is a lot of support and these almost perfectly line up with Fib retracement of 78.60% and 50% respectively.
Also, take note at $833 and $673 there is a lot of support and these almost perfectly line up with Fib retracement of 78.60% and 50% respectively.
Note
Also, take note at $833 and $673 there is a lot of support and these almost perfectly line up with Fib retracement of 78.60% and 50% respectively.
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