$TSLA TOP 20
🕑 Added 2025-03-04 16:11:04 +0000 UTC$TSLA is now one of the first casualties to join $MSFT, the price has now dipped below the 0.618 Fib and 200 Day MA so the impulse wave can not be valid in its form.
This is why we have been interested in $TSLA but have insisted that support must hold before considering a position.
If the 200 Day MA can not be recaptured shortly and there is a rejection from below at $274, then the next support level is the 0.78 Fib at $213
$TSLA is not a buy until support is found because there is downside risk here now.
Comments
Federico Salerno
That’s what I was trying to say in the chat: considering your last commentaries on TSLA I would wait for support confirmation before opening positions (I am out of TSLA at the moment)
Brian Scheele
above the 200 day MA now.
Massey
In 10 years, it won’t matter if you bought Tesla at $197 or $270 or $320. If you have the stock, hold. Selling here for a marginally lower entry for a long term investor is a risky move. I started buying Tesla when it was $25. I wish I would have accumulated so much more when everyone was bearish. This company is not going anywhere and is a category leader
karthik
Hope it won't go below .786 and anchor that level as bottom for tesla and a rebound for sometime near .786 Zone. then it's a go time to move upside to confirm for long-term projections - CAP?? consumer sector is in pressure with response to tariff news
Sid
Dont sell if your risk tolerance is high. The projection for 2030 is looking really good for TSLA. Wait for support and start accumulating.
MK
Glad I waited for support confirmation 😀
Danny James
lol my cost basis is $350 😭
David
Let's say we own it..do we sell?
Sid
CAP, my long term chart showing $195 level over the next months😅