Tesla bounce to $130 and then down???
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Here is an update on my Tesla analysis. Hit the 1.618 fib extension just above $101 and saw a good support. Maybe a good bounce to the $130 level? I still think Tesla has more downside. Once the selling starts, it is hard to stop it. Could find good support at this level if enough people think this price is a good deal, but retail investors won't be enough. If the big firms think the luster is gone, they might try to suck investors in and the dump it. Good luck.
Nota
Its now 12 days later on Thursday 1/19. Tesla touched $136 and then hard sell.Nota
1/24/23 update
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