I have asked Tesla shareholders to look at evidence about a change in trend when it was 845, then I published multiple analyses about the bearish trend in Tesla in the past 6 weeks! the last one was 2 days ago when the price was 700. don't forget I'm the same guy who predicted 900 USD/share when it was 599 in early December 2020. While Tesla provided one of the best gains ever to its shareholders, the new reality will be gut crunching for those who stay loyal and in love with this stock! you will experience all the next episodes if you stay in love with Tesla according to market psychology..! Queen: I'm just the pieces of the man I used to be Too many bitter tears are raining down on me I'm far away from home And I've been facing this alone For much too long
I feel like no one ever told the truth to me About growing up and what a struggle it would be In my tangled state of mind I've been looking back to find Where I went wrong
Too much love will kill you If you can't make up your mind.
I really like your charts! Clean, to the point, and with a sense of humor. That said, I completely disagree with your analysis. If you run a Fibonacci fan through 3/20/20, you'll find that NOBODY has lost hope in Tesla, this is an ON SCHEDULE .5 retracement. Its occurred at least once per quarter since March 20 2020. Tesla will be over $1,100 by June.
arunjohnny
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I bought puts after your last idea. 12th Mar, 19th Mar and 16th Apr. 12th Mar expired with total loss, 19th Mar 50% gone. Hope the trend continues to get my money back. Thanks for sharing the idea.
arama-nuggetrouble
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@arunjohnny, arun you should consider buying further out
arunjohnny
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@nuggetrouble I did three different spreads from 12th. 600-595, 590-585 and for 4/9 590-580. I probably should have move them further out like May-Jul. The rates would be optimistic.
Mrsa1230
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@Moshkelgosha thank you for providing this data. Is it possible to provide a long term view on Tesla? Where do you see it within 6-12 months?