Near perfect repeat fractal pattern of TSLA mimicking Feb top

30 Tem 2020

Just an interesting finding that the current TSLA price action is almost a perfect imitation of Tesla's behavior prior to the Feb market crash. The only difference is that the time-scale is more compressed. These things have a tendency to break away from the pattern, but I do think it's interesting and somewhat telling in the short term.

31 Tem 2020

Not

So far still following nearly verbatim...

If the pattern continues, we will see a relatively uneventful Monday followed by sharper drawdowns throughout next week.