Tesla’s 32% Plunge: A Critical Analysis and What’s Ahead (READ)

By reviewing the #Tesla stock chart on the weekly (logarithmic) timeframe, we can see that the price started a significant decline from the $270 level, just as we anticipated, dropping by over 32% down to $180. At the time of this analysis, no one expected such a steep decline in Tesla's stock, as most were predicting a rise above $300 or even $400. However, the price disregarded the majority’s opinion and followed its own course, resulting in this sharp drop. Currently, the price is around $216, and I expect an initial rise to $233. After that, we'll need to watch how the price reacts to this critical supply zone. This analysis will be updated accordingly.

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The Main Analysis :

Tesla : Approaching Key Resistance Level After Strong Rally


((2+4+7+13+15+18+26+36+38+69+87+101+183+209+1000+1002+1000000000+1000000001+ 1000000853)^♾️*69) + 1 !
Chart PatternsCryptocurrencyForexforexsignalsGoldTechnical IndicatorsmarketcrashStocksteslaTrend AnalysisTesla Motors (TSLA)XAUUSD

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