I am adding the worst case scenario for $TSLA here, or as I call it the nuclear option.....those who are here long enough will remember the controversy I went through by having $TSLA's buy zone between $114 - $80.....it is the same buy zone I have had on this chart since October 2022.
Many were aggressively angry that they didn't buy enough or start a position when it went into this buy zone at the end of 2022 and expected it go lower to $84, when it didn't happen the buy zone was created to help people make sure they do not aim for the bottom but start a position once a stock enters the undervalued range.
A number of analysts believe there is a lot more downside here for $TSLA and it is possible but I believe the issues are only short term and $TSLA will recover from this quite quickly....so IF there is a chance to buy $TSLA in the buy zone....I suggest you take full advantage.
RandumbInvestor
2024-01-28 22:38:29 +0000 UTC