Strong correction and possible top ahead
The only way to hide the cringy ideas I posted before, is posting new ones. So I decided to join TSLA hype without trolling (we have enough with tik tokers and WSB brainlets users). Anyway here's my idea:
History tend to repeat itself, that's well now in geopolitics, finance, TA, etc. So based on what price action did in the past, there's high probability of a massive selloff if price reject the white line which is the top line when uptrend ends (ranging between 1400%-2000% area for TSLA). Then, it may stagnate a bit between fib pivots (white lines) or find two possible bottoms which are both strong supports (rectangles) and finally reaching the top (purple circle). Right now shares are overvalued, retail is in pure euphoria and smart money slowly exiting the market. Expecting the same replys from low iq trolls: "lol", "then short it", "¿How much did you lose?". And answering for you all: I don't care if it goes to 0 or infinity, I won't ever touch an untradeable asset, the only winners on TSLA are Mr Elon clown, smart money and a few brainlets who will lose it all afterwards, because they can't understand how finance works even basic maths. How sad is that?
History tend to repeat itself, that's well now in geopolitics, finance, TA, etc. So based on what price action did in the past, there's high probability of a massive selloff if price reject the white line which is the top line when uptrend ends (ranging between 1400%-2000% area for TSLA). Then, it may stagnate a bit between fib pivots (white lines) or find two possible bottoms which are both strong supports (rectangles) and finally reaching the top (purple circle). Right now shares are overvalued, retail is in pure euphoria and smart money slowly exiting the market. Expecting the same replys from low iq trolls: "lol", "then short it", "¿How much did you lose?". And answering for you all: I don't care if it goes to 0 or infinity, I won't ever touch an untradeable asset, the only winners on TSLA are Mr Elon clown, smart money and a few brainlets who will lose it all afterwards, because they can't understand how finance works even basic maths. How sad is that?
Penafian
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