Tesla Inc neutral

Tesla double top

19 August 2022 331
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There is an outline similar to a head and shoulders figure visible on the daily chart of Tesla near the 61.8% Fibonacci retracement level.


This level is usually strong, and it takes some time to break through it.


So, the most probable scenario is a decrease of Tesla to the 38.2% Fibo level, or to the Fibo level of 23.6% in case the figure works out.

This content is for informational purposes only and is not intended to be investing advice.

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