danielgwatkin

IS TSLA going to $100?

NASDAQ:TSLA   Tesla
After breaking the MA200 and if TSLA passes the 38 FIB extension (does not act as support), we could be looking at a drop to the 1.61 FIB extension, around the 100 mark for TSLA. In the other scenario, we could bounce from where we are at 150 back above the MA200 creating a good entry point to go north in the coming weeks. Either way, the next few days will be telling, watch these levels, even at these current prices, it is hard to ignore this A1 companies value.
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