$TSLA closed above $450 at session highs exactly on the 78.6% fib at $454.53
CVD came in positive.
Would have preferred to see higher volume, but we’ll take the close above $450.
Core PCE numbers are due tomorrow morning.
Tomorrow is also 30 days since Musk’s 2025 Compensation Package was approved, so if Musk plans to sell shares to cover taxes, we could see a company filing disclosing the sale.
These 2 factors will be the test for a weekly close above $450.
If Core PCE doesn’t surprise to the upside and Musk doesn’t surprise with sales to cover taxes, I think TSLA should hold $450 for the week.
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