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With it's crazy run up in Jan, it was only natural that a violent pull back would follow. The most recent resistance levels just happens to be the 618 fib retracement when pulled from the beginning. I believe it's only gonna get worst before it gets better. As a long term bull on TSLA, I see this as great buying opps so scoop up if you're bullish and happy shorting if you're bearish.
With it's crazy run up in Jan, it was only natural that a violent pull back would follow. The most recent resistance levels just happens to be the 618 fib retracement when pulled from the beginning. I believe it's only gonna get worst before it gets better. As a long term bull on TSLA, I see this as great buying opps so scoop up if you're bullish and happy shorting if you're bearish.
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