TSLA broke down out of a long rectangle range that it had consistently held and I feel that they've exhausted all their rabbits in their hat of tricks to keep bulls pouring money in. The ideal short was the retest of bottom of rectangle around 242 but I wouldn't be surprised to see TSLA revisit the low 100s over the next 12 months.
Yorum:
I also wouldn't be that suprised to see a short squeeze before further capitulation but both technicals and fundamentals paint a dire picture ahead in the mid term for TSLA.