Is Tesla Crashing?

Is Tesla Crashing? by TheFinancialForecast on

Tesla plummets since December 2018. Price action is inside the attractor for 2 different sequences agrees and the increases in the speed for the last 3 week switched the pattern to the 1st iteration of high probability. This means, while the price stays above the key level at 199, and a bounce to the upside happen inside this area, Tesla has more probabilities of an incomplete bullish sequence of higher degree, and look for new highs. The break of 199 open the next bearish sequence.

How to read the chart

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