TSLA watch $294: Double Fib hurdle to bounce from Golden Genesis

26 Mar

TSLA finally got past our Golden Genesis fib at $253.
Strong bounce cut through several Covid fibs (dashed).
Watch tight confluence of Covid+Genesis around at $294.

$ 293.96 - 294.32 is the exact zone of concern for bulls.

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26 Mar

Not

For reference, here are full views of the two fib series on the chart:

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1) "Genesis"

As in "at birth". All assets have such a fib set.

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2) "Covid"

The wave started by Covid Simulus printing.

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I plot those two fibs for all assets I watch.
Also use local fibs but above 2 are the biggies.

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