TSLA hits golden fib

8 ביולי

TSLA despite a bearish chart has decided to pump about 100$ in less than ten days. Many covered-call sellers are very underwater on this stock. I myself was caught on this and had to pay extra premium to close the position a while back when it broke this resistance. Despite falling fundamentals the stock is over 100 PE. This fib from my experience trading very volatile assets is usually a VERY strong rejection zone, this happened on many of my high momentum altcoins including RNDR & INJ, that is how I knew to take profits last time.