TSLA price is supported by Two trendlines, everytime price starts a correction, it founds support at the trendline and starts a new Bull move, however this time price managed to break the 1st trendline and if price manages to break below the trendlines, then it will be a very big bearish sign for TSLA,but if price founds support around 2nd trendline and starts to grow then it will a continuation of the Bullish trend..
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It is time to die for Tesla. The market has cometo realisation that the world is in great shortage of semicondocters, plus the competition is growing more for each day for the the conglomerate. Tesla is like Cisco back in the 1999's. Full of promise and hope for the future, but a hard side track of reality hits all dreamers. The future are not changed in merely 2-5 years. It takes years, way longer than, besides what all of these young new investors tends to believe about reality itself
Hold on if you must. By my own position, 400-1600 was enough. All my longs are long gone. I earned my fair gains. Now, It is time for it to end
For now, there are way better possibilities anywhere else
Dont let your greed speak to you
logicalBird1984
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How many times do these Tesla shorts have to be proven wrong? How many times will this stock do the opposite of what everyone thinks it is going to do? Do you guys realize that this company is taking over the world and will be bigger than Amazon, Facebook and Google put together. I'm no Tesla fan boy but Elon is laughing at you.
I guess the second trend line was broken in last trading session?
Helical_Trades
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Great call here
Thanks for your sharing and detailed chart !
Really appreciated.
pechi123
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It's die at 781 when 3 waves up from the 5 down completed. It's time to get out of Doge. However, equality between waves A & C in the SPX is nearby, there could near a low assuming that this only a correction in the indices, or it could be a trend change that'll last generations, and this is 3rd wave of 5 down, either way 3 continues with an upcoming 4 up then 5 down.
Hold on if you must. By my own position, 400-1600 was enough. All my longs are long gone. I earned my fair gains. Now, It is time for it to end
For now, there are way better possibilities anywhere else
Dont let your greed speak to you