Why TESLA is STILL heading LOWER

26 may 2023

Hi Traders, Investors and Speculators of Charts📈📉

A quick analysis today on Tesla and why I'm still expecting the price of TSLA to head lower.

After a nasty Head and Shoulders Pattern on the monthly, TSLA has reached a selling climax and an automatic rally afterwards (which always follows a SC). However, if we look at the Wyckoff Method schematics, this is not yet the bottom. The bottom is expected to happen during phase B, which is the phase we're about to head into.

ST will always be LOWER than SC, therefore there will be another chance to accumulate TESLA at a lower entry.


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TSLA

28 may 2023

Nota

Not shorting specifically, just waiting for a lower accumulation entry point on TESLA

22 jun 2023

Operación activa

First target reached

27 nov 2023

Nota

TESLA 3D needs to see a higher high, otherwise risks making a lower low: