![](https://i.imgur.com/CLvY2jA.png")
22-05-2022, 08:01 AM
A few months ago I said to get out of tesla near the 1000 levels when bubble was at its peak. If I have any, I will just sell all and get out before it is too late.
The chance to exit for tesla is closing fast as the stock falls. It can get quite dangerous given the amount of tesla stock purchased on margin
If it goes below $600 it will accelerate down.
With recession looming jn US & Europe, its sales will be badly hit. Once the growth narrative is broken, tye downside is rapid. The stock will not come back for years.
The sucker rally to form a 2nd peak in March is something seen many tines in bubbles. It's a cruel move to such in the funds of investors before it plunges to cause losses..
![[Image: zppit9D.jpg]](https://i.imgur.com/zppit9D.jpg)
The chance to exit for tesla is closing fast as the stock falls. It can get quite dangerous given the amount of tesla stock purchased on margin
If it goes below $600 it will accelerate down.
With recession looming jn US & Europe, its sales will be badly hit. Once the growth narrative is broken, tye downside is rapid. The stock will not come back for years.
The sucker rally to form a 2nd peak in March is something seen many tines in bubbles. It's a cruel move to such in the funds of investors before it plunges to cause losses..
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
