Hi, originaly i thought here´s coming a big correction for Tesla which was kinda likely after a 10x run but as tesla is still holding rather up high i looked for other scenarios.
Hisorically Tesla is pumping hard followed by multi year consolidation. So i present yah my consolidation scenario.
First consolidation was a slightly rising channel. Recent low´s hint to a possible falling channel this time.
Arround 1000 usd is my sell target.
Im not recommending to long this as its still very theoretical and a big correction shouldnt be surprising still.
But definitely recommending to sell there if you are already holding.
I personally wouldnt hold tesla the coming years as the upward potential isnt high after a run like we had last year.
Arround 2027 i expect the next leg up.
As always: DYOR and have a nice Day
Hisorically Tesla is pumping hard followed by multi year consolidation. So i present yah my consolidation scenario.
First consolidation was a slightly rising channel. Recent low´s hint to a possible falling channel this time.
Arround 1000 usd is my sell target.
Im not recommending to long this as its still very theoretical and a big correction shouldnt be surprising still.
But definitely recommending to sell there if you are already holding.
I personally wouldnt hold tesla the coming years as the upward potential isnt high after a run like we had last year.
Arround 2027 i expect the next leg up.
As always: DYOR and have a nice Day
Nota
This low´s should mark channel bottom according to my Thesis.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.