A lot of people are now saying Tesla’s Narrative to Korea is similar to 2018-2019, and I agree.
If you look at the stock price, I’m not a short hitter anyway, so I often compare these lines to the past just to see the market mood and trend of Tesla stock,
Figure 1 is from 9/1 to 11/20 in 2019, when these planes were in an inverse arrangement, and on 9/1, the 5th day had just broken through the 20th day, and the atmosphere rose by about 70% in just two and a half months until 11/20. However, the 200th day is still below the 120th day.
Figure 2 is from 11/20 to 2/4 in 2019, from which time the 120-day line broke through the 200-day line. Then, the stock price rose about 2.7 times in two and a half months.
In other words, the stock price rose 4.6 times in five months. After that, it fell due to the arrival of COVID, but soon after recovery, it goes high…
If we substitute this into the present (Figure 3), it is similar to around 9/1, 2019. The 5th day is about to break the 20th day, but the 120th and 200th days are falling.
Furthermore, nuclear bomb-grade events are waiting for the foreseeable future. Shareholders’ meeting, second-quarter earnings, Robotaxi Unveil on August 8, and Sat ramp-up.
Well, can’t you see these lines wriggling to gather together? To recreate them in 2019? Of course, the market cap is growing, so it can’t go up four-six times in five months. But, as I said before, we’re only one vote to achieve ATH 8/8/day $300 -> 12/31/day ago. This is the last stage of condensation. It’s going to explode soon. Let’s get our shareholders to buy more and get into the underground bunker. Sooner or later, Tesla parasites will go extinct…
Parasites. There’s not much left.
[Note] Absolutely not investment advice. I don’t know stocks well. I’m posting it for fun. So, believe it or not….🤣🤣🤣
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