Part 2/11:
Tesla experienced a significant downturn over the past week. Market commentators, including Barron’s, have signaled that Tesla's stock is now oversold—a typical bullish indicator—suggesting a potential rebound or at least a pause in the decline. The chart analysis reveals a quadruple bottom pattern, with Tesla's stock approximately 50% below its recent peak months ago. This pattern often signifies a strong support level, raising questions about where the stock might head next.