I’d like to visit this Tesla analog again, since it’s particularly relevant due to Wednesday being TSLA earnings day. It sounds bonkers, but I’d like to propose that it is not outside the realm of possibility that TSLA will drop another 10% in the next few days, even though it has already lost 22% of its value just in the past few weeks. Below is the analog I am tracking, which I find intriguing, to say the least.
I would state that the “You Are Here’” point is where I’ve placed that arrow. If the Fibonacci breaks, bye-bye baby It won’t be a crash, but moving to a $1___ price will freak people out plenty.
