The Long Investor
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$TSLA TOP 20
🕑 Added 2025-03-12 11:46:33 +0000 UTCIt has become quite obvious now that $TSLA has been deliberately targeted to sell off because of Elon's heavy involvement in the Trump administration....which is why Trump went on the offensive yesterday and paraded $TSLA vehicles in front of the White House .....the market did not react overly bullish about this but it may be digesting this impact today and for the rest of the week.
So far there is a test of support on the 0.78 Fib at $214 and bouncing, I believe the market will retest its own 200 Day MA, so I believe many of the Mega Caps will do the same shortly too, so there is a clear route back to the 0.618 Fib and 200 Day MA at $272-$274.
Just like the market, a lot will rest on how the price action behaves at the 200 Day MA....a rejection and the market is in trouble and so will $TSLA be.
Comments
Marek
You think nio will benefit from this target on elon?
