Tesla approaching key demand zone, buy the dip!

The recent news coverage of Tesla is negative. What happened in a car show in Shanghai has gone viral on the internet. Chinese folk were disappointed about how Tesla handled the customer complaint. Obviously that damaged its reputation. However, Tesla is still a great company. The recent pullback may give us a good buying opportunity.

On daily chart, it's coming towards a key demand zone with high probability of rebound:
1. Nice demand formation

2. Key fibs

3. Moving averages

4. flip

Komen:

IT's deeply in the zone.

Komen:

Price reacted to the zone. However, due to deteriorated situation in India, stocks are under pressure. The healthcare sector is supposed to attract more funds.