Stocks are not something I considered at all over the past couple years.  All I saw was a frothy market pushing ever higher on liquidity and knew at some point the tide would need to turn.

Well, 2022 turned out to be that wave and now I am finally interested in stocks again as so many are trading exorbitantly lower then they were just a year ago.

### Tesla is one of those names..
![image.png](https://images.hive.blog/DQmc6YLfYn3Sk1gM5BrXbX7PuKVRi8WVgw563D3a5reJcdS/image.png)

Looking at the chart you can see this thing got smacked! It has been in a clear downtrend for over a year now and sold off so bad recently that it pushed below that existing trend.

##### Time to buy?

Maybe it is, maybe it isn't.  I will say this though, if I plan to acquire shares of a stock, especially one of a growth company, I much rather do it after is has gotten beat down.

Tesla is down 75% from highs.  That is a pretty big drop, even if it is not the low (which it may not be, $92 is totally feasible when looking at the charts) I'm comfortable buying some shares here for a long-term hold.

When I say long-term I mean atleast 5 years.  I do wonder if we will see a relief rally in the near-term after all that selling.  Price action could certainly use it, but right now the bears are still in full control.

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