$TSLA $TSLAQ - 1 gap up but 3 gaps down

29 Şub 2020

Update from my previous idea posted as there is a 3rd gap down from 10-13/01/2020 between 478 & 492$ which is still recent and close enough from my macro 0.618 fib (180-923) to be considered.

I disregard any gap below 5$ or previous to 2020 up trend.

Again I don't know what I am doing there...

1 Mar 2020

Not

Following the article investopedia it would make sense for the stock to keep going lower and close the 3 recent gaps:
- 29-30/01/2020: 590-618$
(0.618 on 2020 uptrend fib)
- 17-21/01/2020: 510.50-518.5$ (0.786 on 2020 uptrend fib)
- 10-13/01/2020: 478 & 492$ which is still recent and close enough from my macro 0.618 fib (180-923) to be considered.
Or it could keep going on the rebound from closing/afterhours today and go close the gap between 739 & 776$ but I believe that this gap will be closed eventually as Tesla is the future anyway and it will be going up for years to come.