Whoa now Tesla, This chart is gnarly The parabolic arc took a few years, I expect the drop to also take a few years. There is a diamond at the top of a clear downward channel, we are under the 200 day EMA
Speculation but it also looks like we are on the right shoulder of a heads and shoulder formation.
The trade changes when the trade changes but for now the patterns hold.
I wouldn’t be surprised if this went back to 2017 prices like everything else
Speculation but it also looks like we are on the right shoulder of a heads and shoulder formation.
The trade changes when the trade changes but for now the patterns hold.
I wouldn’t be surprised if this went back to 2017 prices like everything else