The inverse head and shoulder pattern is evident to me. The CPI data on 12/13/2024 will provide insights into whether it will recover to 194. For TSLA to resume its rally, it must surpass the 194 mark and ensure that the 177 level is maintained to prevent further decline. Unless there are additional negative news or a market correction, it is unlikely for TSLA to drop to 150.
Comment:
Still holding.
The clarity of the inverse head and shoulder pattern has improved significantly.
It has rebounded nicely at a price of $182-184 today.
Additionally, Elon musk has filed a 13-G, disclosing a substantial stake of 20.5%.