Tesla sees 25-75 percent corrections near ATH, Jason Pizzino notes

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Parshwa Turakhiya

4 hours ago

Tesla sees 25-75 percent corrections near ATH, Jason Pizzino notes — Tesla 3-Bar Rule triggers pullbacks

Jason Pizzino, crypto trader & analyst at YouTube / Trading, highlights the impact of the 3-Bar Rule on stocks, particularly Tesla. He observes that each time Tesla has reached an all-time high, the rule's appearance has preceded corrections of 25 to 75 percent.

He also provides updates on silver and gold breaking support levels, as well as the current situation for Bitcoin.

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Pizzino has previously pointed to shifts in sentiment among Bitcoin bulls as the market neared a cycle low, noting that further capitulation could occur in a recent report. He also addressed Bitcoin’s decline to $64,000, questioning the lack of bullish support in another analysis. These observations add context to his latest market commentary.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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