Maxx has been publishing some decent stock charts lately and now has one on Tesla which he has kindly shared with us:

Tesla Monthly by MaxFarouk on TradingView.com

Tesla rejected the 1.618 many times and has formed a strong resistance there, I see current support 260-245.

If price comes down more I would be watching 250-220 range around the green trend.

If Tesla makes a new high and breaks above 1.618 I would target the fib levels above, so the 2.0 first.

Fundamentally I love Tesla and Elon, but I don't trade fundamentals. Trade safe!!

-MaxxLeverage

Maxx has been working hard to bring this community quality technical analysis time and time again. If you like Maxx's charts or enjoy watching him on stream, consider following him on Twitter (@MaxxCharts) and TradingView to show him some love!


Reminder: this is not financial advice, do your own research and don't follow other traders blindly!