TA, - Volatility contraction pattern(VCP) - Volatility reducing= Supply drying up(see previous 2 instances). 35% drop followed up by a 24% drop and the latest, a 9% drop. - Short term trend breakout but lacked sufficient volume - Trendline support -Oversold for Tesla standards -Longer it consolidates, more explosive the move -RS improving
FA, - Read Elon's book
Entry : Break of 462 for a trade /Now for long term
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