Tesla, Inc.
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TSLA eyes on $179.94 then 157.16 for possible bottoms

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TSLA has just hit a Genesis fib at $179.94.
Expecting some bounce but looking lower.
Golden fib below at $157.16 would be ideal.

Here is a full view of the Genesis Fib
TSLA Genesis fib for reference


See "related Ideas" below for my methodology.

Ghi chú
Zoomed in (5 min)
ảnh chụp nhanh
and an example of a 'Ping" (exact bounce on fib that you can almost HEAR)

And the relevance:
"Not every Ping starts a Reversal,
but most Reversals start with a Ping".

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Ghi chú
Thus my enthusiasm for Pings
ảnh chụp nhanh
over 6% bounce so far!

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Ghi chú
As expected, bounce from 180 did not hold ảnh chụp nhanh
Bounced up 2 fibs EXACTLY, then resumed drop.

Zoom IN (m1)
ảnh chụp nhanh
That is what I call a PING, an exact and violent ricochet from fib that you can almost HEAR emanate off the chart.
And my thought "Not all Pings start a Reversal, but Most reversals Start with a Ping"

Zoom MORE (30 sec) and adding a Gold/Blue fib to our bounce ảnh chụp nhanh the local 6.853 extension lines up with the Genesis fib at 179.9x.
No wonder it rejected, and that may be a top for a while.

Zoom OUT (h8) So now the $157.16 Golden fib just came into sight
ảnh chụp nhanh
Could be a quick drop through the wide open space.

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Ghi chú
Quick update on the 5 min:
ảnh chụp nhanh
We ended the day hugging the underside of the fib.

That tells us:
A) The fibs are SOLID and we can be confident in them.
B) It is likely to drop from here unless there is some news.

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Ghi chú
Here we are again, 179.94
ảnh chụp nhanh
Thus my term "high gravity fib", as demonstrated by it capturing the price into "orbit".

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Ghi chú
Per last post, it was a pretty quick drop to almost the golden fib
ảnh chụp nhanh
with a pretty strong bounce just from just above the golden fib at 157.16.
That means considerable strength to not need to power of the Golden fib to bounce.

.

Zoom in (M15) and include the "Covid Stimulus" fib in dashed lines:
ảnh chụp nhanh
We see what it bounce from, a Covid fib at 161.92,
just above and reinforced by our Genesis fib at 157.16.
Bounce got above our originally targeted Genesis fib at 179.94

Now to see if Bulls can establish $179.94 as support.

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Ghi chú
Here we are, Golden Genesis at $157
ảnh chụp nhanh
Was pierced, so not a good sign for bulls.

Zoom in (m1) and include the Covid Stimulus fibs ảnh chụp nhanh
Covid fib caught it this time,
but the Golden Genesis at $157.16 is the key,

So we have our Key zone we can highlight in green
ảnh chụp nhanh
Kind of a "now or never" support zone here.

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Ghi chú
There is our retest of Golden Genesis fib
ảnh chụp nhanh
Moment-of-truth, edge-of-seat, do-or-die, etc etc...
Ghi chú
(( ( < PING > ) ))
ảnh chụp nhanh
Earnings Report, 1 min chart, LOUD Ping.
MASSIVE energy (money) thrown around,
yet the Entire World FROZE at $157.16

.

Why 157 and 16 cents?
ảnh chụp nhanh
It is 122.965 times the Genesis Impulse,
and 122.965 is a Golden Exponent of it,
thus $152.16 is the Sum of All decisions.

Good chance that was BOTTOM, lets see

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Ghi chú
BOTTOM IN ??
ảnh chụp nhanh

Zoom in (m15)
ảnh chụp nhanh
Was range bound between a Genesis and a Covid fib,
but looks like bulls are about to lose the $179.94 fib,
so watching Covid fibs below at $170.95 and $161.92.

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Zoom in more(m1)
ảnh chụp nhanh
And we have a PING, as in "Give me a Ping Vasilly, One Ping Only".

And my rule:
"Not all pings start a Reversal, but Most reversal Start with a Ping"

.

SUMMARY:
- Still think bottom is in but some retrace in play.
- Watching Covid fibs below $170.95 then $161.92.

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Ghi chú
(( ( < PING > ) ))
ảnh chụp nhanh
Bearish Ping on our Genesis fib at 179.94.

"Not all Pings start a Reversal, but Most reversals Start with a Ping".
Thus we have bears' best chance to knock it down from here...

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Ghi chú
Thus my enthusiasm for Pings
ảnh chụp nhanh
"Not all Pings start a Reversal, but Most reversals Start with a Ping"

And some Reversals are Reversed by Pings :)

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Ghi chú
Now a bearish PING on our Genesis fib at 179.94
ảnh chụp nhanh
Lets see if bulls can regain that fib asap,
otherwise we will be looking lower again.

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