TSLA is down 54% in 2 months. Is a bounce coming?
$Tesla Motors(TSLA)$ is down 54% in 2 months. Is a bounce coming? (A thread) 🧵
TSLA has been selling off hard… but the signs of a short-term bounce are here.
Here’s what I see & how I’m trading it. 👇
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TSLA is trading below the weekly market bias
✅ Structure & trend indicate bearish pressure
🟢 BUT—the bias is still green
Translation:
Short-term buyers are stepping in, but long-term confirmation isn’t there yet.
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🔹 Daily BX Trender: Higher lows + turned green → Bullish accumulation
🔹 Weekly BX Trender: Still making lower lows → No full confirmation TSLA
What this tells me:
Buyers are trying to step in, but we don’t have a true bottom yet.
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📊 Upside potential: $280-$300
📉 Downside risk: ~11% from here
Best case → Weekly BX confirms higher lows next week.
Worst case → Price drops another 5-10%, which is manageable.
My Plan this week TSLA
📌 Keeping all my trading bots live
📌 Watching for weekly BX confirmation
📌 If buyers fail, I cut risk & reassess
Final Thoughts 💭
High risk, high reward. TSLA’s at a key level.
The next week or two will be crucial.
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