Tesla’s 32% Plunge: A Critical Analysis and What’s Ahead (READ)

By reviewing the #Tesla stock chart on the weekly (logarithmic) timeframe, we can see that the price started a significant decline from the $270 level, just as we anticipated, dropping by over 32% down to $180. At the time of this analysis, no one expected such a steep decline in Tesla's stock, as most were predicting a rise above $300 or even $400. However, the price disregarded the majority’s opinion and followed its own course, resulting in this sharp drop. Currently, the price is around $216, and I expect an initial rise to $233. After that, we'll need to watch how the price reacts to this critical supply zone. This analysis will be updated accordingly.

Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !

Best Regards , Arman Shaban


The Main Analysis :

Tesla : Approaching Key Resistance Level After Strong Rally


((2+4+7+13+15+18+26+36+38+69+87+101+183+209+1000+1002+1000000000+1000000001+ 1000000853)^♾️*69) + 1 !
Chart PatternsCryptocurrencyForexforexsignalsGoldTechnical IndicatorsmarketcrashStocksteslaTrend AnalysisTesla Motors (TSLA)XAUUSD

📣 Join My FREE Channel on TG for more TA 👉🏼 t.me/PriceAction_ICT

⚜️ My Contact : t.me/ArmanShabanTrading

📈 The Best Crypto Exchange : promote.ourbit.com/a/ArmanShaban
Anche su:

Pubblicazioni correlate

Declinazione di responsabilità