TSLA - 9/15- Middle yellow line is the true channel, the price went over that line due to the split. Green - how fast it goes up, Red - how fast it dropped. Possible retracement at $420. If it doesn’t go below then they could drive it to $470 (FOMO $500) by Battery day."
Update 9/20 I drew the red line to see if the price will have the same acceleration of decline as the previous decline from 9/1-9/9 and see the price at $420. Elon's favorite number, 420 was the support. The price followed the red line to $420 and bounce back to test $425. It didn't go below the green line and stayed above it. This is a good sign, potential to see $435 9/18 and $460-470 next week. The stock is now treading above the Greenline.
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