• Since TSLA did its top sign last week, it lost the $200 support and it has been correcting;
• For now, there’s no meaningful bullish reaction indicating that this pullback is over;
• In order to completely reject last week’s top sign (Evening Star Doji), TSLA must break $214, the Star’s high;
• The next technical support is at $182, and TSLA still could get there, if we don’t see a clear bullish reaction first;
• The $200, our previous support, is a possible resistance now. If TSLA breaks it this week, we might see a promising bullish reaction ahead;
• I’ll keep you updated on this.
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