Technical Analysis: Tesla ain't looking pretty .. major bearish signals evolving - A series of lower highs and lower lows was established -Main trend line was taken -Trading back below the 52-week moving average -Head and shoulders Top completed -Prolonged divergence on RSI
It's likely that we don't see Tesla trading higher any time soon, prolonged downside is probable within the the coming months for Tesla shares , potential targets start at 175 and possibly at 120.
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