I've been watching this since initial coin release.
Had initial big hype and spike waves. Since, volume has been increasing steadily without much price action. A few large accumulation spikes. It looks like it possibly found a floor
My previous chart saw the support at $250 not hold, and it broke down hard as anticipated. Went right into the 170-180 range which was a rough MULTI YEAR level of support. ( LOL at $TSLAQ Bears yelling doom and gloom and "going to zero all at once" with no bounce...) .
Anyways. Stock has slowly bounced, and bulls are pushing to attempt to break the 250 previous...
TSLA failed to hold $250 'support' and dumped hard as expected from my last chart.
News typically follows price action and is mega bearish now.
Also read that Mark Van der Pluym on an analyst call noted "over the past week,
three-fourths of the TSLA stock hes sold has been to short sellers" .
Shorting at a 3-year LOW, and support level. #LOGIC #LOL
Almost...
TSLA has solidly broken 250 for the first time in a long time. It broke 250, dumped, re-tested and failed to break above. Current sentiment is Bear-ish via Mainstream (dumbass) media, and Shorts are having a field day. Let it play out. Will probably slowly dump more. 200 next psychological area of support, if it breaks that the low 180-170s need to hold as...
