HOLY SMOKES TSLA CHART IS ONE YOU MIGHT NOT WANT TO MISSTsla has a weird pattern here that I've seen in similar ways before.
Essentially, it needs to close the gaps around 218. Once it does that, it essentially gives the price an upper limit of nearly $1000.
I like the $960 mark, but it's hard to say and again this is one of many possible outcomes and I'd say this is highly unlikely so please take caution.
However, there's is a chance.
How? It would have to be an overnight candle from something drastic followed by a resurgence in price heading into earnings.
It allows the price to climb really high, and it allows it to go really fast as big positions get liquidated.
When you line all that up with GME, AMC, DOGE, BTC, and my personal second favorite BBBY (close second to DOGE), it leads to a big big big SQUEEZE.
Which means, TSLA could see a huge runup as well, which fits with the entire market movements for as long as I've been doing charting.
Add all that together, and it puts the price of TSLA near 900, with stability forming, around 600 in the short term, and 420 in the long term, followed by a big crash that closes all gaps and starts to return TSLA to some serious long term gains.
It would be a fast move, be careful if you're trading this because you'll want to lock in profits fast. When prices move like this, they move up 30% fast and retrace 40% almost as quickly, if not faster. So lock in profits, and then try to identify new short term entries and keep riding the wave up exiting ideally near top or especially when volume starts to really drop and price is still climbing with indicators showing overvalued.
Again, this would be similar to NVDA climbing to $1000, dropping to $700 and then moving back upwards. If you project the performance of that of the movement seen (movement in the past doesn't guarantee future movements) it shows TSLA hitting the $900 range like literally next week, early, Monday/Tuesday early WED. A drop and then return the next week. It's weird, it's rare, it's unlikely, it's however, not impossible. The numbers are there. It would need to occur FAST. In other words, Monday would likely be a GAP up in price. Similar to the way it has been seen in Gamestop and other "squeeze" related stocks.
Call me crazy, and feel free to disagree. Totally understandable. However, if you can afford the risk, at least take a look at your chart and then consider the idea as possible, just in-case. Again, RISKY, don't go all in on it especially if you're not used to trading short term movements like this because you can lose A TON of money very quickly and you can see your profits disappear within seconds, causing panic selling and buying.
Good luck!!
P.S> DOGE coin, because Elon Musk has been talking about it for years right out in the open.
Double Good luck!!
