nen

Tesla Target Drive

nen Updated   
BATS:TSLA   Tesla
This a simple one with a destination in sight with multiple scenarios possible. Simulated projections gave rise to the elements in the project where potential support/resistance or influence zone might occur regardless of the path.

I have a slightly grim outlook for Tesla and won't be at all surprised if it slowly decreases in value ignoring the ultimate target, but will still look forward for the price action near the elements for potential reversals preferably with some Candlestick Patterns that include longer shadows.

There are some time zones highlighted in this project where I will be having a closer look at any signs for a potential entry in either direction. Hopefully a significant event will occur in at least one of them, maybe a longer candlestick typical run that can signal the start of a longer wave.

If the price reaches the longer slim red rectangle, I don't see this as a potential reversal zone, rather as a potential consolidation zone or even a zone with surprises where gaps can occur after a close near this one.

This is the blue print for the plan that takes into account multiple scenarios when preparing the Nen Zone for this Stock, and hopefully we will have some nice coincidences and synchronicities between the market and the elements to at least raise the question if the projections simulation exercise was relevant or at least interesting.
Comment:
Decent rebound for the green making a case for the validity of the "math" in this project. Would be interesting to see more of these throughout its evolution, even if its span is quite large in time.
Comment:
Looks like the red has become resistance. If the green doesn't hold and the earnings make the stock keep losing value, the only scenarios left are at the time stamp and the question of where/when will the red be broken again on the up.
Comment:
Some rebounds at the red but perhaps not a complete powerful rebound.
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