TSLA: Doomed To Succeed Or Fail

Tesla's always an interesting ticker for many stock traders because of its liquidity and volatility, but what do the technicals say right now?

Let's start off with the superordinate dealing range:

Superordinate Pattern (Triangle)

Superordinate we have a big Triangle which Tesla's previously broken out of, but came right back into it. Right now, we're in the last 3rd of the triangle, which indicates some volatility in the near future. 

Since there's a lot going on with Elon Musk fighting for free speech and multiple governments trying to take it from his social media company X, this could very well also affect the Tesla stock. Especially so, if they try to come for him as a person, not only the platform, as he's become an influential person in not only the red pill space but conservatism overall by speaking out against the current US government and openly committing to helping Donald Trump win the elections. 

Thinking about what is happening to Trump with lawsuits being issued against him, forcing him to pay hundreds of millions etc., this might happen to Elon Musk as well.

Superordinate Dealing Range

Tesla's currently at the lower 40% of the superordinate dealing range, which isn't normally a problem when price is expected to break out of that range into a HTF target or close a gap or sth like that.  

But in this case and the very possible negative effects on Elon as a person because of his political views, this might not be the best time for a long. Even though, there are multiple easy levels for Stopruns and loads of BSL for price to make a nice run. 

Subordinate Dealing Range

The subordinate dealing range also does not look the best to me, price also resides around 50% of the total range and could move in either direction.

We did see a Stoprun to the downside followed by another one on Buystop, although the BSL run was pretty small and almost seems too clean, especially with the other Highs right at that level. Still, the TF is big enough for it to revisit this liquidity pool at a later time, it does not have to be breached in the near future. 

Overall, this is an incalculable investment in my opinion, it'd lean back and sit on my hands if I were interested in trading stocks right now.