On July 20, Tesla reported very successful results, which inspired shareholders and investors. The shares started rising and continued to recover the losses of April and May.
The price was close to the 61.8% Fibonacci correction level and then it rolled back closer to the 38.2% level. And it is more likely to rush towards the 950 and 1,025 levels with new intensity.
This content is for informational purposes only and is not intended to be investing advice.