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
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