on the TSLA candlechart the next major support zones are 110 and
91 area. The huge price by volume support is 50 - 25 - and consider
that's not 10 or 15 years ago, that's only 2020 levels.
People would consider such a move to there over time
impossible? but why? retracing to a level from less than 3 years
ago? That's normal in bear markets and blow off moves are typically
retraced - and lets face it, the move from Mar 2020 to end of 2021
was a blow off move for the general market and many stocks. Blow
off moves tend to be retraced in bear markets. again I don't
think TSLA goes to low 2 digit levels now on this leg of the bear
market, but over time during this bear market on another major down
leg next year? sure why not
boy..TSLA fanboys, (far less of them these days) better hope
TSLA doesn't eventually go to that huge price by volume support
range between 55 - 25 price zones
ha ha - again if it goes to those levels 65 etc, could be close
enough for government work, and let's face it, there's a lot of
government work these days with gov hands in everything
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TSLA Boom! filled that thin zone on the Renko
Posted by matt on 27th of Dec 2022 at 09:33 am
TSLA - Chart Link- Renko
TSLA - Chart Link- candlestick shows the next levels
on the TSLA candlechart the
Posted by matt on 27th of Dec 2022 at 09:52 am
on the TSLA candlechart the next major support zones are 110 and 91 area. The huge price by volume support is 50 - 25 - and consider that's not 10 or 15 years ago, that's only 2020 levels. People would consider such a move to there over time impossible? but why? retracing to a level from less than 3 years ago? That's normal in bear markets and blow off moves are typically retraced - and lets face it, the move from Mar 2020 to end of 2021 was a blow off move for the general market and many stocks. Blow off moves tend to be retraced in bear markets. again I don't think TSLA goes to low 2 digit levels now on this leg of the bear market, but over time during this bear market on another major down leg next year? sure why not
boy..TSLA fanboys, (far less of
Posted by matt on 27th of Dec 2022 at 09:37 am
boy..TSLA fanboys, (far less of them these days) better hope TSLA doesn't eventually go to that huge price by volume support range between 55 - 25 price zones
TSLA - my money is
Posted by elementsix on 27th of Dec 2022 at 09:53 am
TSLA - my money is on $65...
ha ha - again if
Posted by matt on 27th of Dec 2022 at 09:54 am
ha ha - again if it goes to those levels 65 etc, could be close enough for government work, and let's face it, there's a lot of government work these days with gov hands in everything