Tesla
Short

Way too early to tell head and shoulder pattern developing

I keep tracking the weekly and volumes continues to run lower. I have been playing with fib, gan fan and simple trends. I am predicting a stock rundown to $120 before we switch to a bullish retrace. Not liking with what's happening is China's economic downturn, reduced pricing on Tesla vehicles, etc. Definitely risk off on TSLA for now.

Your thoughts?
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