It is pretty simple. Unless the dotted red line at $230, in partnership with the rising white channel, we're likely to see $205. On the flip side, I don't think it is unlikely to see us test the descending red trendline and get into the $250s. If that downward trend is broken, we may see some upside. But the EV market is becoming saturated, people are losing faith in Elon, and TSLA is getting stodgy (my opinion, ofc). So these are key levels to watch. What do you think?
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Gold dotted lines are gaps in the chart, which seemingly like to get filled.
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Here is a closeup of the key levels (descending red trendline acting as resistance and ascending channel).
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Well that happened pretty quick. Looks like we may be going for the gap that was previously filled way down at 206, and then down to 190. Perhaps all the way to that lower trendline. See blue squiggle.
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hello. it seems the answer to my questions is, YES, TSLA is F#KT
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We are now in the gap. I expect a touch to $145.
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zoom in