Tue, 04 Jan 2022 12:15:16 GMT
Tesla jumps and breaks pattern
The support of the 50.00% Fibonacci retracement level at 892.23 was strong enough to cause a sharp surge. The surge slowed down near the upper trend line of the channel down pattern, during the last day's of 2021 trading.
Afterwards, after a short lived retracement down to the support of the 50-day simple moving average, the stock price jumped