TSLA: 100% retracement done multiple times now time to move up
TSLA: 100% retracement done multiple times now time to move up to 1.618 fib level.
This is what I found in most bullish and bearish retracements , once you get 100% retracement of up or down move then next level is normally 1.618.
Fundamentals;
lower interest rates are good for heavy equipment manufacturing or durable goods like cars
Musk by associating himself with Trump just wants republicans buyers , in both cases he will win.
Tesla cars are like iPhones , once people have them cannt switch to anything else.
Tsla bulls are cult members.,,
Time to own tesla not trade it
Have fun!
This is what I found in most bullish and bearish retracements , once you get 100% retracement of up or down move then next level is normally 1.618.
Fundamentals;
lower interest rates are good for heavy equipment manufacturing or durable goods like cars
Musk by associating himself with Trump just wants republicans buyers , in both cases he will win.
Tesla cars are like iPhones , once people have them cannt switch to anything else.
Tsla bulls are cult members.,,
Time to own tesla not trade it
Have fun!
Penafian
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