Tesla TSLA not currently out of the woods but bottom may solidy

By paladino444
Tesla, poor boy, seems to be trying to pour some concrete for a bottom. Sorry, can't say go long until the price goes above the sagging trendline and bounces. On the other hand, it's just too low to take a negative position to go further down. Beatup but TSLA is never out. No trade until the upside breaks the trendline and bounces in confirmation.
Trend Analysis

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