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Strategies & Market Trends : TRIPLE TRADES
OPEN 6.550-9.4%3:59 PM EST

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To: Birdieking who wrote (4025)3/25/2025 1:22:35 PM
From: Tweets Boar Hog  Read Replies (1) of 4396
 
Birdie I don't know if you have been playing Tesla, we've pm'd about it just a tad.

Very interesting chart. A bit more pain for Elon?

I have not done enuff back testing, but just from memory when something puts in a move like Tesla did, from 2020 area to the 2022 top, it seems like a lot of the time the ensuing correction is complex. I had and still have that 2022 top as a likely 3 top.

Complex corrections are time consuming.

I think the biggest issue for BEV's right now is the price of gasoline and diesel. Almost like it has never been cheaper in my area, as far back as I can remember.

Tweets

If my wave labeling is correct, and it is just an assumption at this point, more downside is in store. A possible bottom later this year. About the same time I have for a bottom in crude oil. The 18 mos cycle pattern is encouraging for a low last quarter of 2025, coincident with a 4.5 yr low, off that early 2021 low.

The Big C down, does not look like it is done.

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