Tesla nearing long term support, critical times | Observation關於NASDAQ:TSLA由CryptoSwindle提供

Tesla is nearing a very long term weekly support with lots of fud last 2 weeks and last statement report didn't bode well. When putting trend, time * price in to consideration, from TA point of view believe it or not nearing undervaluation since IPO, but can be debated since the angle * is pretty steep while it was in distribution mode a long time, so top measurement is taken as well (cyan diagonal lines).

Looking for buys for Tesla, but first gotta see if this purple support gonna hold, if not, a break and close (no sfp) could result in further drop to $205-$215 with possible capitulation in to purple box which I'm going to buy (yep, I put low ball bids for longer term trades to get more roi). This latter scenario is not what I expect to happen, that's why I do this and if it support is held higher, then I will happily trade it as well. For me it's a safer pick for portfolio, because it has government subsidizes and powers that be push this agenda/world vision. I know many people hate it, but can't deny that all illminati stocks are performing best since WWII...