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Fibonacci Retracement on Tesla

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NASDAQ:TSLA   Tesla
TSLA

Fibonacci Retracement on TSLA implies that it may take support on fib level of 0.236 of 176-177 dollar.

Current price structure shows that it has taken resistance of 0.38 of 222 dollars, therefore, it may go down towards 146 to fill the gap. At this level, its RSI will also be oversold which will trigger bullish rally towards 177.

Tesla takes doesn't retain 196-176 with strength and falls below this price level.
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