Technical Analysis – Tesla stock continues descent; retraces until the 76.4% Fibonacci
Tesla’s stock price has corrected from the all-time highs piercing below the 50- and 100-day simple moving averages (SMAs) to touch a nearly three-month low of 394.97, which is just below the 76.4% Fibonacci retracement of the up leg from 218.21 to 967.49, of 395.83. The whole aggressive down move, which began on February 19, […]