Tesla Consolidation Channel

Güncellendi
Hi, originaly i thought here´s coming a big correction for Tesla which was kinda likely after a 10x run but as tesla is still holding rather up high i looked for other scenarios.
Hisorically Tesla is pumping hard followed by multi year consolidation. So i present yah my consolidation scenario.

First consolidation was a slightly rising channel . Now we may see a downward channel.
Arround 1100 usd is my sell target.

Im not recommending to long this as its still very theoretical and a big correction shouldnt be surprising still.
But definitely recommending to sell there if you are already holding.

I personally wouldnt hold tesla the coming years as the upward potential isnt high after a run like we had last year.
Arround 2027 i expect the next leg up.

As always: DYOR and have a nice Day
Not
imagine predicting month´s of price action beforehand :0
one could soon buy channel supp, would be careful still tho as tesla could also turn out as bubble but buying channel supp is worth a try.
Chart PatternsTrend Analysis

Feragatname