Tesla
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TESLA - overextended and in trouble

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TESLA is overbought and currently at the top of a multi-year channel. Not sure how many more buyers remain to push the price higher.

Would anticipate TESLA moves towards the middle of the channel (800's). There will be a dead cat bounce at some point to make it appear TESLA is recovering; however, we know what happens after that.

thoughts/comments?

TG

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