TSLA - making it to the next supercharger, or running out?NASDAQ:TSLA has been in a downtrend the last month or so. It has developed a descending broadening wedge pattern on the 4H, which is a bullish pattern. This indicates a break to the upside. However, I am a little hesitant to whether price action is strong enough. The recent build up towards the upper band of the channel has been bumpy, and the 100 EMA is on the rise vs the 50. RSI has been on the rise but is showing signs of turning down. It seems to me the move up is fragile. Looks a little better on the daily, price action is stronger, MACD is about to cross positive. At the end of the day, I believe this will come down to how the market behaves. I feel NASDAQ:TSLA does not have the strength by itself to move up, so it needs the market to push it. If the market does not, I think NASDAQ:TSLA will suffer and be pushed down. Conclusion: I think the market will take a breather, after a strong run following the Japanese breakdown. The market has been rallying since, and I think the weekend has cooled people down. So I expect a slower Monday, and that will hurt NASDAQ:TSLA in my opinion. So I end up on the bear side of things, and will set my target for NASDAQ:TSLA at $182, which is the low of the last month.