TESLA .. sorry Elon .. you've topped .. running on fumes .. CRASH!!

Pekelo said:
Not to be a party pooper but TSLA went up 4% right after this call. Still on the same level like on Monday...
More...


Follow up ............ today's action is putting it under my purple trendline. The reason IMO is a Fibo support. Sorry cannot show it its proprietary.

But regardless, if Tessy does not dive soon and take out the 200-day ema with aplomb ther iis no iffs ands or buts, I am WRONG in calling a 3rd wave so early.

I'll be patient.

Regardless #2 .............. nobody loses money on my call. In fact theyTP usually buy and holders nice juicy profits. If however Tessy makes a new high then yes my top call is premature but it still wont take away the juicy profits that any follower pocketed and can now use for Life or family or other investments.

But I sure as heck want to be right on my CALL. So if wrong I'm not a happy camper despite the profits to others.
 
Tessy attacking the 200-day ema. If she gets below, its over for her. Double top neckline



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Tessy closes below the 200-day ema. But I believe there must be support here therefore a bounce.

Main thing is I called TP on the Long. Nobody could possibly lose money on me calling the exit of the bear rally. Those Long and closed now have pocketed a nice chunk of change. This is what we are after right? Making money off the seat of our pants. :)
 
Tessy goes down some more ............... and is now singing to me for help ..........


Oh help me pls MG, I'm damaged
There's a pain where there once was a heart
The girl I'm to marry is a bow-legged sow
I've been soakin up drink like a sponge


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Inverse H&S aborning? Even RSI is showing the correct size of the not-yet-formed right shoulder. How cool is that??? :)

Resistance right above Tessy is none other than the monthly 23.6% retracement level and the 61.8% golden ratio.

Divergence in RSI is suggesting diminishing power to attack resistance.

But it ain't over till its over.

Hide and watch



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