vlad.adrian

Tesla - Top playing out

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NASDAQ:TSLA   Tesla
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I have published a chart on Tesla saying that it has topped. Since then, Tesla has been going lower. Last two weeks, a tiny rally happened, that took the shape of a rising wedge. The ranges were very small, and it never looked like Tesla was reversing. Today, price broke out of that wedge with high volume, and impulse is red again. I expect Tesla to continue going down, at least to 180$. The weekly chart leaves room for more than that though.

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