Next TSLA support
Honestly I see the next support for Tesla at around 400$ close to where the Fib 0.618 sits for the DAILY chart, with that said, that would be the ending of a BULL market and either we enter a range market or a highly BEAR market, tomorrow’s decision on interest rates will impact the market greatly, personally I have cashed(USD) half of my investments since I believe there’ll be a correction soon (hopefully not a crash with slow recovery)
We (retail traders) sometimes tend to not look at the big picture (zoom out) and end up trying to catch bottoms in the small time frames which leads to big losses during hard corrections
This is not a financial advise but just a personal approach to the market behavior
We (retail traders) sometimes tend to not look at the big picture (zoom out) and end up trying to catch bottoms in the small time frames which leads to big losses during hard corrections
This is not a financial advise but just a personal approach to the market behavior
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