CryptoLeonard

How low can you go! TSLA analysis

Short
NASDAQ:TSLA   Tesla
Hi all,

I have been working hard on my chart layout giving you the best possible information I can from my own charting and price action prospective.

tools I use:

  • EMA/MA's
  • trend based fib extension
  • fib retracement
  • faces to show my view on emotions
  • arrows, exclamation marks, question marks & colour coded rectangles
  • BOP

In my Tesla analysis I have added the BOP to the chart to show how many sellers their are compared to buyers. And as we can see we are in a seller dominated market, until the BOP can regain the secondary BOP and the long term 200MA (smoothed) I still see price falling to my lower targets.

It would appear that the stock now has some very difficult key levels to brake to regain its upward trajectory. Indicating to me that we may have a ruff '2023 for those holding long term.

As always I'll do my best to share with you what I see in my charts.


Be smart, Invest with caution & protect your capital.


"capital loss is more hard felt than capital gained".


Stay safe,

Crypto Leonard
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