Telsa to $90

On the above 2 week chart price action has printed two significant macro indications:

1) Broken market structure, failed support.
2) A lower high, trend reversal.

Beginning from 2023 price action entered an upward channel before a breakout in December. This move in price action created a bear flag pattern. A forecast may now be measured from the last downtrend to the support, which is a 66% correction to just under $90.

Is it possible price action continues up? Sure.
Is it probable? No.

Ww

Type: short trade
From: $220 ideally
Stop-loss: elsewhere

액티브 트레이드

코멘트:

GRM resistance confirms.
This is now an official bear market for this stock.

코멘트:

If 160 fails to hold, it is straight to 117.

액티브 트레이드

코멘트:

There be no end of messages asking if the idea is not void.
No.
Price action is actually at resistance, the same price the idea was publish.

You should watch this.. it is amazing to me how little coverage the number of Teslas ending up in the scrapheap are receiving so little attention.

www.youtube.com/watch?v=iE8AmkQR...