TradingView
markethunter888
Nov 9, 2021 8:58 PM

The drop in Tesla was predictable & is a warning for all tech 

Tesla, Inc.NASDAQ

Description

Hello,

Talking points

- RSI & Bollinger Band strategy to predict a snap back move down
- Tesla never drops this much in isolation, there is a strong correlation to QQQ & BTC
- A drop in general markets could be coming as early as this week

The correlation between the 3 are shown in the chart below. The green arrows show the respective weeks.


Thank you for your constructive criticism
Comments
remarkableFalc7829
Excellent information
More