Two things with Tesla (TSLA) that must be mentioned:
1) HUGE and I mean HUGE support on the 20-day moving average on this stock.
2) A well defined bearish wedge that will be forced to make a move in the ver near future.
$182 will be the first level of support violated, but once $175.90 is violated, it is all down hill from here.
Here’s the technical analysis on TSLA:
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