TSLA Crashes to $5 per Share

Rams Fan said:
C'mon dude. You explain it in your words. What did you mean in the context of this thread?
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I just wanted to say, that when an asset x takes a plunge (or rise) for a few weeks, media /or people always enchant this as the new trend. Negating the fractal nature of markets.

Not that trends do not exists, just another perspective. Absolutes are not that often, probabilities are.
 
Zwaen said:
for a few weeks
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Well Tesla is down about 7.81 Twitters since Elon bought the blue bird of happiness. That's "short term" I guess.

However, TSLA topped 61 weeks ago, and is down 73.76% during that time.

At what point can we call it a "trend?"
 
Nope, nope, nope not a trend yet - 1.618% more twitters to go :D
! TSLA trend.png
 
Rams Fan said:
Well Tesla is down about 7.81 Twitters since Elon bought the blue bird of happiness. That's "short term" I guess.

However, TSLA topped 61 weeks ago, and is down 73.76% during that time.

At what point can we call it a "trend?"
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At what point do we call it a Trend? :D

At what point do we pronounce it dead more likely.
 
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