Did you miss $680 TSLA opportunity and waiting for another one?

TSLA

Yes, $TSLA split is coming in 2022. Maybe by October.
Should you buy now?
Not financial advice, but history tells us that the prices pops right back up right after a split.
So I plan to buy now at a discount.

Here is a deep dive into the latest TA on $TSLA

Technical Analysis:

Daily Chart

EMA ( Exponential Moving Average ): Extremely bearish. 20 EMA crossed the 50, 200, and 200 EMA downwards. 50 EMA crossed the 100 EMA and both aiming for the 200 EMA (death cross).

TTM Squeeze: TTM momentum downwards seems to be stabilizing.

RSI: Went as low as 30 with the slow stochastic pointing up and now pointing upwards, crossing 37. Soo, is it oversold? Is now a great time to enter?

Fib Levels: Currently between .786 and .618 ! The war is on! The current candle most cross and hold above .618 fib levels for a bullish movement.

Candle Stick: Summary of last 5 candles equate to a bearish movement. The last pairs look like a Bearish engulfing

Pattern: Current candle is what we call a Piercing Pattern or Bullish Engulfing . This is bullish . Even better, see that redline... we could have a double bottom forming (Last bottom was Feb. 24th). The could lead to a bullish price action.

All indicators except for the EMA's show that we experiencing a reversersal or bullish movement. It may be short lived as the EMA's are still extremely bearish. So if you're looking to buy TSLA in the short-term in the $600s you might not see it anytime soon. The PPI, CPI, and Inflation data are already out and most tech earning reports are out as well. A drastic market news might bring about the opportunity again. In the meantime, I'll see about DCA's in the lower $700s in the meantime. No one knows the bottom.

At the moment, I really think, it depends on what happens at this critical point. A failure at .618 would mean that we are going down to .60 cents. If and when it holds hope we can see the price at .97 cents.

Comment:

ignore last sentence please.