I read claims recently that there are “psychological barriers” below which Tesla could not fall. At one point, the “barrier” was claimed to be $1,000. Then $900. Most recently I saw claims it was $700.
There clearly are no barriers. Some folks try to make them sound more real by giving them names like “support level”.
I am really bullish about Tesla as a company, but really bearish about the price. If it hits $160, I will start buying, and then DCA from there down.
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