Could it be TSLA true value is in the 1450 to 1550/share Range?

In terms of taking an overall consensus, there never really has been one on TSLA's futures . That said, there seems to be a real balance between those calling for SHORTS, and those who are too bullish on Musk's company to even consider a short. What this indicates, the apparent stagnancy (which isn't at all) is that Tesla could FINALLY be - at least for now - establishing its true value.

The balance overall between bears and bulls seems to indicate Tesla could stay in this range (the corrective wave circled) for a fair bit of time. Of course, some think the sideways trading is just a precursor to another major spike -- and they could be right. But for the moment at least, TSLA seems locked in between 1.45 and 1.55. It's unclear what needs to happen to break this price structure; but to be sure, the Tesla hype that drove it over 1700/s seems to have petered out now.


Cool breakdown as always : )
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BDRTrigger33 jojofang0901
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