/biz/ - Business & Finance

>>14843917
>TESLA

Some things I'd like to point out beforehand.
>The slope, lack of albeit there being some slight upward slope is largely flat, on the MONTHLY 50 period chart indicates this is a period of consolidation, starting from about MARCH 2018.
>Price has reverted to the MEAN on all timeframes barring anything lower than 4HOURLY. This is the most uncertain period for a long time, and a decision on the future of price won't be made quickly or lightly, I predict there is still a lot to hash out in the smaller time frames judging from the fact that this is the first time it has MEAN REVERTED back from the LOWER MONTHLY 1.25, rather convincingly I might add.
>It's apparent that price is UNCERTAIN presently, I can therefore only make predictions based on some of the smaller timeframes, which again are rather innacurate because I don't have the larger timeframe 'bearings', well because none of the market participants know yet, the prce has reverted to the mean because it's the 'safest' area to decide and make 'rash' decisions (shoddy way of putting it)
>If this lateral period is to continue, you can expect to trade any points of CLEAR and CONVINCING MEAN REVERSION, be that shorting from the UPPER MONTHLY 1.25 down to the MEAN, and vice versa longing from the LOWER 1.25 back up to the MEAN; and of course LONGING/SHORTING FROM JUST THE MEAN.

I'll attempt to analyse the shorter time frames next.