I’m following TSLA with interest for interests sake.
Right now, I'm thinking the price will likely hit its highest point at around $174.50. Then, it's looking like the first support might be back around $160.00, based on the 1-hour MA200. It could be bumpy around 160 but it’s a key level. If it takes the full standard 0.618 Fibonacci retracement, it could dip to around $152.50 before bouncing back up. If we're talking waves, and $160 is where wave 2 bottoms out, then we might see the next wave hitting $187.35 next, followed by a retracement down at $173.68.
@TigerObserver @Daily_Discussion @TigerOptions
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- PTOL·04-28If it retraces to $152.50, there's potential for a bounce to $187.35. Good job!LikeReport