TSLA 1W

Why do I expect price to move lower towards 148 USD?
Firstly, let's look at the chart.

What can you can read from the chart?

• Price has moved sharply up after correction testing fib 0.382 (from ATH)
  
• Price has been creating lower highs (LH) for last several months.
  
• Price is currently below Ichimoku Cloud (strong resistence).
  
• Price is below strong resistance (used to be a very strong support).
  

What do I expect will happen based on my readings?
I believe price will move back towards local PoC around 148 USD.