Tesla valuation surged beyond any fundamental justifications and has formed a huge bubble which eventually will be burst.
In the way down, bubbles tend to form a head and shoulder pattern. The 2 possible correction pattern has been shown in the chart.
please share your thoughts. which one is more likely?
In the way down, bubbles tend to form a head and shoulder pattern. The 2 possible correction pattern has been shown in the chart.
please share your thoughts. which one is more likely?
Note
continue the pattern
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.