TSLA
Is Tesla a buying opportunity?
Since Feb 2020 high of $930 the stock has retraced to around $329 which is a full retrenchment on the Fib scale but it's showing support at $350 even after dropping to $330.
The RSI level has since it's 2019 June low of around $169 had lower support at 35-36 and upper resistance at 57-58 levels even though is has broke both levels on numerous occasions. It's currently at a 32 level which would indicate an oversold situation plus the retrenchment would indicate support at $350 but should we expect another dip to around $330 levels or even it's june low before we get a new support level or have we seen the bottom?
What do you all think?