TSLA - While I do not like to be the first one on the dance floor, but TSLA chart today showed some cha-cha move. This dragonfly nipped a key 0.618 retrace of the Fibo scale.
Will this thrust the price upward or just a false move? Well time will tell. I will be watching closely and if we get the crowd (Volume) I will join the Dance floor.
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I am amazed at these hidden patterns in the heart of the charts !!!
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Check the yellow lines that were able to predict the future to the Tee !
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The 0.618 retrace is still not broken, however glimses of a bearish conslidation. If breaks there is a small window of gap and fill around $235-$237