Hello Tesla investors and fomo maniacs.
Hope you´re not buying here !
I don´t know if this is the exact top (looks like it is to me) but the R:R is definetly not worth the entry anytime soon in my opinion.
What I see is exponential grow which isn´t healthy.
The Doji candle on the Daily chart is a warning sign.
In my opinion down back to 450 USD (at least) is highly possible
I think that stocks overall are in blow-off top phase
See also interesting coindence in crypto (BTC)/stocks (APPL) trend fractal
Feel free to leave a comment below the chart or ask if you are in doubts.
Cheers.
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Disclaimer:
I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment professional before investing.
This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
Hope you´re not buying here !
I don´t know if this is the exact top (looks like it is to me) but the R:R is definetly not worth the entry anytime soon in my opinion.
What I see is exponential grow which isn´t healthy.
The Doji candle on the Daily chart is a warning sign.
In my opinion down back to 450 USD (at least) is highly possible
I think that stocks overall are in blow-off top phase
See also interesting coindence in crypto (BTC)/stocks (APPL) trend fractal
Feel free to leave a comment below the chart or ask if you are in doubts.
Cheers.
-------------
Disclaimer:
I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment professional before investing.
This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
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13% down after opening
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20% down in a single day but still in the parabola trend
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