georgepalacesiii

TESLA: PUMP OR SLUMP

Short
NASDAQ:TSLA   Tesla
March 16th 2020 - January 25th 2021's 23.6% Retracement Level Was Held, But January 25th 2021 - May 17th 2021's 38.2% Retracement Level Has Been Rejected.

While Resisting $750s With A Head & Shoulders Formed On The Daily Chart (Not Shown Here), Volume Remains Low: Perhaps Accumulation Based On Technicals?
Nah, 25-100% For The Next Week Oncoming Would Be Needed To Send Tesla Blasting Furiously Through $760 & Beyond.

But What Is Tesla Really Worth? With Investors & Speculators In All Sectors Of The Market On The Edge Calling For A Pullback, Is A Bullish Rally Necessary & Feasible Considering Most Of The Stimulus Checks Have Been Depleted With Special Unemployment Benefits Ending As Well? We Know Where That Money Went & Where Will It Go Now?

Perhaps Back Into The Pockets Pumping This Balloon Huh.

Fundamentally, We Know Tesla Is A Top Dawg In It's Game, But Nothing To Be Considered Bullish Has Come Out For Some Time To Increase The Current Valuation. The Cyber Truck's Production Has Been Delayed Into 2022 With Self Driving Being The Fault Of Multiple Deaths And Injuries Recently.

Only A Noob Will Be Caught On The Wrong Side Of This Trade Off.

Tesla Has Been Under It's ATH For Nearly 9 Months Now Which Has Not Been Seen Since 2018.
The Birth Of A New Cycle Is Imminent.

To Those Who Pay Attention Astronomically, You Are Aware Of The Signals In Our Face.
Keyword: *Astro*
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