Wednesday 28 December 2022

TSLA: "In Musk We Trust" Trade reached the next downside Cloud Chart (CC) targets of 127/109! TSLA down +65% since the CC sell/short signal!

TSLA: "In Musk We Trust" Trade  reached the next downside Cloud Chart  (CC)  targets of 127/109! TSLA down +65% since the  most recent CC sell/short signal! This comes soon after hitting downside targets of 195/180/161 and 127!

There is downside risk to the next Cloud Chart Targets  (CC) of 90 & 66 if support does not come back into the stock at key CC support zones! Price action below the Cloud remains bearish long-term! Looking out for a CC rebound reversal at support zones to signal the end of the trend.


TSLA also hit the downside P&F chart targets of 177/156/153/147 and more recently the 117 target. Getting close to the next 108 target! Looking out for a P&F chart reversal to the upside to signal the end of the current trend! 


On the monthly CC downside targets met were 213/156, with a cluster support zone at 95/93 & 89 old Cloud Chart support zones! Potential rebound zone!






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