TSLA Bear wedge
TSLA's price action has been getting tighter and tighter every week, watching for some resolution soon. First, I can see tsla breaking down in this market with its high valuation in a tightening economy. Watching for a shortable bounce into early next week. The 666 area looks to be a magnet for a pop, maybe. Otherwise, if tsla breaks down, I expect some support to be found at 575. Earning could provide it a bounce but I do think any bounce after ER will fade and a decent support range will be found at 427. (To be expected, the further I try to predict where price might go the more inaccurate I can be).
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