'Big Short' investor Michael Burry says Tesla stock could plunge 90% without major fallout - and a slump could reduce speculation!
CAN TESLA DROP TO $100 AREA??!!
Actually, YES IT CAN!
The drop from the $900.40 level was in 5 waves which makes it 100% that TESLA must see another 5 waves down. We are counting the first 5 waves as an initial indication of a bear market for TESLA.
Long term? We believe TESLA will reach 2k and above!
BUT, EWT says we need to see $100/$170 area first!
GOODLUCK!