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TSLA - Macro / Micro View in Charts

@Asphen
TSLA Analysis - 1 of 2 View (macro view) Update 18 Feb 2024 - Fib 61.8 is at 177 which was the low of the most recent support coming in - We are still in a downtrend channel and starting to build strength from the 177 Fib bounce - The top side of the channel is "alas" back at 255 again (previous sharing of key resistance levels) TSLA - Macro View - 18 Feb 2024 TSLA Analysis - 2 of 2 View (micro view) Update 18 Feb 2024 - Previously shared the formation of the "island" with the gap down from earnings (181 to 193) - Whether island reversal happens or not depends on strength of the counter - Have been in the island range for awhile and last week saw the initial break out of the range to fill the gap - Reached 50% gap fill and also VWAP at 200! ==> as shared many times, 50% gap fill is usually the first target! Possible moves - Like previously shared on support, they now become resistances - 209 becomes the next key level to get above (full gap fill) - And then 219 will come into play (also VWAP) - Weakness ==> then 209 and 219 will be the rejection to bring it back down to 160/145 range (again, previously shared on where weakness will go to) - Strength ==> Break above of 232 (again, that magical level!) Good luck, all! TSLA - Micro View - 18 Feb 2024 @melson @TigerStars @macroB @CaptainTiger @Deposit $Tesla Motors(TSLA)$
TSLA - Macro / Micro View in Charts

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