Tesla
Short

$TSLA Is Still Likely Heading Down To $38.60 From Here

By RizeSenpai
Updated
This is an Update/Reminder of a Previous Similar Bearish Idea I had on TSLA before the stock split. I'v felt that it is necessary to post a fresh updated readjusted chart to account for the post-split price action. If you want to compare this chart with the original chart check the Related Ideas Section Below.

TSLA as we look at it today continues to Bearishly Diverge at the PCZ of this Logscaled Bearish AB=CD and has formed a Bearish Head and Shoulders Pattern at the Highs. The target pre-split was $38.60 but post-split i can now seet going all the way down to even $13 or lower, however to be conservative i will continue to target $38.60
Comment
TSLA has Broken Hooked and Goed off of the neckline of the Head and Shoulders: snapshot
5wavestructureAB=CDbearishdivergencebearishheadandshouldersChart PatternselonmuskHarmonic Patternslogscale
RizeSenpai

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