Tesla
Short

Doesn't look good for TESLA

Tesla has been trading in a massive downtrend. Regardless, there's been many opportunities for nice trades. Unfortunately it's currently in a tight rising wedge and looks like it's coming to the top and also approaching the top the downward resistance line. A drop can make it test $218 1st and break below that might cause a test of .236 fib, $187.
FibonacciTrend AnalysisWedge

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