weegaz22

weegaz22

The trend on Tesla stock continues its downward trajectory, I originally drew these trend lines around 2 weeks ago and the price seems to be staying within the borders of said trend, a possible breakout is totally possible but thought I would publish and then I can see where it goes in the coming weeks, I personally think the slide will go down to as low as the...

weegaz22

Going off current trend it looks like we are on the way down to as far as the solid 37k support line, IF the trend continues within the descending wedge, only a breakout above the wedge into above the 51k resistance level will see a possible change in trend, I had thought initially that the previous days upward trend would have had the momentum to carry us over...

weegaz22

Possible breakout back toward upside trend, if we break through 52k we should be back in the up trend, if not and its a fakeout move, could drop all the way to 35k, meaning the bear market is here to stay.