Tesla: ⬇️ Sell
– Tesla broke support zone
– Likely to fall to support level 380.00,
Tesla recently broke the support zone between the support level 415.00 (which has been reversing the price from September) and the 38.2% Fibonacci correction of the upward impulse from September.
The breakout of this support zone strengthened the bearish pressure on Tesla accelerating the active impulse wave (iii).
Tesla can be expected to fall further to the next support level 380.00, which coincides with the daily up channel from April and the 61.8% Fibonacci correction of the upward impulse from September.
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