On June 19, we updated our chart views of Facebook $FB and Tesla Motors $TSLA, noting that both of them were contending with the 61.8% Fibonacci Retracement levels of their recent declines. As of yesterday, both stocks have overcome that resistance. The next area of resistance on each is the 78.6% Fibonacci Retracement which also corresponds with the initial breakdown levels of each stock. Then it’s all-time highs.

$FB:

$TSLA: