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Tesla Touches Important Trendline

Published 09/26/2022, 11:55 AM
Updated 07/09/2023, 06:31 AM

I’ve got a mountain of cash ready to deploy, but only after the bulls get deluded again into thinking everything is just fine again.

Tesla (NASDAQ:TSLA), for example, did a pitch-perfect touchpoint of its trendline. I’m talking right down to the pixel of perfection.

Tesla Chart.

You can see how long this trendline is. My view is that the next “attack” on this trendline will break it, and then it’ll be bombs away across the board.

Long-Term Tesla Chart.

Latest comments

Great call
I totally agree
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