$TSLA TOP 20 UPDATE
Added 2023-04-14 14:33:56 +0000 UTCI mentioned yesterday that the 50 Day MA crossing the 200 Day MA was bearish and so far the 50 Day has been acting a resistance line. I am still watching this to see if Subwave 2 has complete, it is not clear yet, however $TSLA is still struggling and the trend remains down with bearish indications.
A lot of big techs are also struggling today, on a day where Large Banks reported very healthy beats. I think the market is now trying to figure out, what is the safest form to store value right now....because Banks and Crypto are holding well while Tech is struggling....there may be a few more twists and turns before the market decides.
Comments
My Tesla chart analysis: 104$ low: End of big A, 212-214 high (first up move): end of small a of big b, 171: a of b of big B, 208: b of b of the big B, 177$ maybe the 1 of the c of b of the big B. So a 2 of the c of the b of the big B could lead to 192-207$. Then 3, 4 and 5 of the c of the b of the big B need to follow, ending at 136$ (most likely), I can't really determine that though without seeing the subwaves 3 and 4. Then the c of the big B would lead to new interim highs beyond 214$. Then the big C will bring the final sell off. I am watching, might short at 192-207 range if it should get there...
rumorandvalue
2023-04-14 14:43:36 +0000 UTC
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