Tesla
Updated

TSLA eyes on $350: not just a round number bot also Genesis fib

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TSLA has been butting up against $350 for a reason.
The round number is further reinforced by fibs.
Look for Break-n-Retest or Dip-to-Fib for entry.

$349.99 happens to be a Genesis fib (minor ratio)
$340.59 is a Golden Covid fib, another strong one.
$331.57 is a semi-major Genesis fib for support.

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Previous Trade Calls below
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$205 bottom call
TSLA eyes on $209 then 205 into Earnings: Key supports if drops


Trump Pump dip buys
TSLA roadmap after Trump Pump: $313 ideal, 285 Strong, 253 MUST


$294 Dunk then Break
TSLA watch $294: Double Fib hurdle to bounce from Golden Genesis


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Trade active
PLUNK! dropped exactly to our support fib
snapshot
(yellow shaded area is from posting time)

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Zoom in (m5) and add local fibs:
snapshot
We should have decent support at $331.xx
Genesis fib at $331.57 and local golden at 331.07
Best support for some ways so bulls need to fight for it.

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Trade closed: target reached
Houston: We have IGNITION!
snapshot
(yellow shaded area is from posting time)

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Closer look with notes:
snapshot
Closed shorts and went long at the Green support zone.
Closed 25% at TP1 for 5.5% gains to cover losses.
Looking to close another 25% at TP2 at $372.71

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Will post a new idea when the Fibs say we are topping.

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