Tesla chart

  1. 271 Posts.
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    Not sure where to post this. But like the coinbros, Tesla bros are in for some disappointment IMHO. Amazing chart, anyone who held this from $20 (2x stock splits) did amazingly well. But $140 is in the bank as a minimum bear flag downside, $100 is equally likely and depending on how bad the exit is I would not be surprised to see it at $40 in Q2 2023. Very neat H*S top has some reliable downside targets. $40 would complete it. I would buy long dated puts at $110 for a safe bet. For a wild card $45 Q2/2023 puts would be given to you for next to nothing. A 5 month drawdown has occurred before in TSLA. Go look. Nice price gaps in each of those areas to slot into. DYOR

    https://hotcopper.com.au/data/attachments/4869/4869406-377bef3f7510e4572aaabfed8c685bac.jpg
 
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