kerdirks

TSLA Breaking Free

Short
kerdirks Updated   
NASDAQ:TSLA   Tesla
Sometimes, you must let a stock go ...
... if it never returns, it was never yours in the first place
... if it returns, it was meant to be

Comments on the chart APPEAR to indicate the next steps; price action may change at any time due to market conditions, Musk tweets, DS actions, etc.
Developed the chart when it was recently at $180/sh. Enjoy.

Trading Tenets: Strategy, Patience/Time, Humility

Constructive comments only :) Thank you.
Comment:
The top-level bearish Head & Shoulders pattern completes around $93.
Am expecting price to continue down to major support around the $46 range.
Let's see what happens.
Comment:
Price trended up to $210 which is also a retrace of 61.8%; if it can't get above that price point, it may extend 1.618% down to the $46 range. Let's see what happens next.

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