Lots of hype about the moves as of late in Tesla TSLA stock price, so I wanted to compare the Market Psychology & Cycle Timing phases to the Monthly Chart on TSLA.
Do you think we are in the latter stages moving toward capitulation?
My take is that if we see a bounce from these levels into the new year (January 23'), it is likely another opportunity to short TSLA to under <$100 per share — potentially to a long-term trendline on the monthly chart that resides in the $80 area.