Hello Traders,
Here are the major support levels for TESLA with a potential bottom for 2023 at $65.
TESLA is very oversold at the moment and just a hit a key gap fill level at $136 which should act support and potentially a temporary low.
If price does bounce from this level we could see as strong rally back up to resistance at $166.
Into 2023, if the US goes into a recession as predicted, we could potentially see the TESLA stock trade all the way down to $65.... yes $65.
There will still be many great trading opportunities with bounces along the way at major support levels.
Choose your levels, be disciplined and patient.
Thanks everyone and best of luck
Here are the major support levels for TESLA with a potential bottom for 2023 at $65.
TESLA is very oversold at the moment and just a hit a key gap fill level at $136 which should act support and potentially a temporary low.
If price does bounce from this level we could see as strong rally back up to resistance at $166.
Into 2023, if the US goes into a recession as predicted, we could potentially see the TESLA stock trade all the way down to $65.... yes $65.
There will still be many great trading opportunities with bounces along the way at major support levels.
Choose your levels, be disciplined and patient.
Thanks everyone and best of luck