TSLA Tesla Meme Stock
Updated
Teslacoin all-time channel.
Bottom needs to be revisited at some point (probably sideways).
Mayer Multiple only really went below 0.8 on one occasion in Q1 2016. Buying Tesla with Mayer Multiple at 0.8 was successful on numerous occasions throughout 2011/12, 2015/16 and 2018. However this year has shown weak performance, possible dip incoming.
Bottom needs to be revisited at some point (probably sideways).
Mayer Multiple only really went below 0.8 on one occasion in Q1 2016. Buying Tesla with Mayer Multiple at 0.8 was successful on numerous occasions throughout 2011/12, 2015/16 and 2018. However this year has shown weak performance, possible dip incoming.
Note
Note
Note
Teslacoin has has pomped from 260 to 350. Expecting it to bounce around here for the rest of the year. I do think it will hit the bottom of the channel before new highs next year.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.