Make or beak for TSLA in the next few weeks. Back to ~300's or down to the 100's? I am long from 266 for now. lets see how far we can go.
Ignore the first chart I published. Wrong chart...... A trendline from the August 2015 low on the log chart has just been touched for the third time. A breach of the trendline will see the August 2015 VWAP as the next target. Lets see how it plays out. Anyone know how to delete published charts?
it BuyZone 1 - BuyZone 2 is at IPO support
If history repeats then we should see an 86% drop from the parabolic in a 12 month time period. Lets see how this ages.
Hit Buy Zone 1 - IPO VWAP is BuyZone2
A trendline from the August 2015 low on the log chart has just been touch for the first time since January 2017. A breach of the trendline will see the August 2015 VWAP as the next target. Lets see how it plays out.
This wedge indicates an undecided market..... a battle of the bears and bulls. the higher the longs grow the more likely we are to dump. the higher the shorts the more likely we go up. Sentiment for most traders is cautiously bullish. Latest news - Tim Draper story on bitcoin to 250k, Barklays opens trading desk. More likely we go down on this news.