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PotterStocks-PBS
Oct 16, 2023 1:13 AM

$TSLA Earnings Projection! Can the Weekly Downtrend Break? 

Tesla, Inc.NASDAQ

Description

These are projections based on my form of technical analysis. So far regarless of the sentiment we remain in a lower time frame uptrend. We are at a downtrend started from the end of 2021 and with the market fearful the trend could easily change.
My bullish projection for a gap and go is 320
My bearish projection would be 196 with a wick and close at 217
Otherwise, if neither triggers are broken I would expect sideways option burn price action.

Remember Earnings are always a gamble, while I do believe the chart can show us, a side ways stock is a triggerless one.
Comments
MyCryptoParadise_Nathan
Thanks for sharing your technical analysis. It's crucial to remain adaptable in the ever-changing market.
imadsyd
Thumbs up to ‘anything else is unfortunately being a human’ : )
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